全球电池供应链：电动汽车需求平淡；储能系统需求上升-Global Battery Supply Chain _Flattish EV; Higher BESS_ Bush_ Flattish EV; Higher BESS

ab 3 December 2025 Global Research Global Battery Supply Chain Flattish EV; Higher BESS 2030 Global battery installation 3.8 TWh We revise 2025-30E global battery demand up 1-11%. A positive 4-37% BESS upward revision nets against a -2% to 3% revision for EV battery. In 2030 we estimate BESS (1.19 TWh) will account for 31% of total battery demand. BESS continues to see momentum with global grid-scale installations rising 29% YoY in October. On national policy tailwind and local level capacity compensation, ...