Tesla may think it has a monopoly on the domestic battery market, but another automaker is vying for that market share. Mercedes-
Mercedes-Benz has launched a personal energy battery, like Tesla's Powerwall, charging with the battery when it is turned offpeak hours.
German car manufacturers revealed that there are 2 in each package.
5kWh power.
Together, 8 of them can accommodate 20kWh.
For videoTesla's Powerballs, scrolling down can also be combined into "powerpacks" up to 10 mw ".
The system makes it easy for homeowners with solar panels or other renewable energy sources to store energy at home.
This compares to the current model, where they sell electricity to energy suppliers when producing electricity, and then buy it again during peak hours.
It can also allow savvy consumers to take advantage of lower rates for power companies at night and use cheaper storage energy during peak hours.
According to Digital Trends, Mercedes-
Mercedes-Benz claims that the decision to enter the home battery market is not a direct response to Tesla's recent announcement.
The company noted that the lithium produced by the company
The ion battery pack found it in hybrid cars and electric cars
A subsidiary known as Accumotive.
The company has been building high
A three-year capacity battery pack like this.
Tesla's products have sold out in the medium term.
2016 and Mercedes-Benz-
Mercedes hopes to do the same, and now its website is open for registration.
Deutsche Bank estimates that sales of fixed-cell storage systems for home and commercial use could be as high as $4.
Tesla's revenue is 5 billion.
Mercedes has not announced the price yet.
But Tesla's system starts at $3,000 (£1,980).
Initially, the battery will only be sold in Germany, and Daimler's parent company said it could expand to other countries in the future.
Like Tesla, Mercedes.
Mercedes-Benz will provide batteries for families and businesses and will start shipping in September.
When the technology is presented on Intersolar in Munich, more details may be announced tomorrow.