中信建投:继续推荐储能,看好锂电行业基本面

中信建投证券研究
Oct 19, 2025

文|朱玥 雷云泽尽管本周市场明显回调,看好储能及锂电行业基本面,当前时刻催化多。储能全球共振产业趋势不变。国内核心驱动在于新能源全面入市推动峰谷电价差拉大,加上容量电价政策出台,推动储能IRR提升。美国数据中心电力缺口大,光+储仍是不可替代的快速上量能源形式。锂电行业当前时刻催化多,板块大跌市场有推测出口管制政策解读影响,我们认为主要系部分资金兑现,下周中美关系影响下,仍看好行业基本面:排产旺季...

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