Equity–AsiaResearch2025年全球新能源展望--哪些可行，哪些不可行ScottDarling,scott.darling@htisec.comCatherineLi,catherine.dy.li@htisec.com2025年6月23日（本报告为2025年6月19日发布的英文报告的翻译版，以原稿为准）ThisresearchreportisdistributedbyHaitongInternational,aglobalbrandnamefortheequityresearchteamsofHaitongInternationalResearchLimited(“HTIRL”),HaitongSecuritiesIndiaPrivateLimited(“HSIPL”),HaitongInternational(Japan)K.K.(“HTIJKK”),HaitongInternationalSecuritiesCompanyLimited(“HTISCL”),andanyothermemberswithintheHaitongInternationalSecuritiesGroupofCompanies(“HTISG”),eachauthorizedtoengageinsecuritiesactivitiesinitsrespectivejurisdiction.Plea...