Mercedes-Benz Partners With Vivint To Rival Tesla In US Residential Solar Market

Posted: May 19 2017, 7:44am CDT | by , in News | Technology News

 

Mercedes-Benz Partners with Vivint to Rival Tesla in US Residential Solar Market
Mercedes-Benz
  • Mercedes-Benz Energy and Vivint Solar Team Up to Bring Automotive Battery Innovation to the U.S. Residential Solar Market
 

The Mercedes-Benz brand of luxury vehicles has taken a bold stance against Tesla Motors’ battery business.

Mercedes-Benz has made a beeline to hurt Tesla Motors at its own game of solar batteries. The luxury carmaker is partnering with Vivint Solar in order to sell an intelligent solar ecosystem to California residents. The main function of this drive is to threaten Tesla at its home turf. 

According to BusinessInsider, Mercedes will be providing its at-home battery as a part and parcel of this drive. Also Vivint Solar will lend its solar panels.  

Vivint Solar is in the business of lending access to a smart home experience. Via a series of sensors and AI devices, energy loads around the modern home environment are managed in a jiffy.

The CEO of Tesla started this game of combining batteries and solar energy into one solution for home environments. Through rechargable batteries, solar energy can be utilized during peak hours of the day.

In erstwhile times, battery and solar installations were two different things. Now they can be used in tandem though. It is a case of pure evolution that we are seeing at work here. 

What Mercedes is doing is marrying its home battery technology with Vivint’s home solar panel business. Each one by itself employs 2.5 kWh cells that can be stringed into a 20 kWh matrix. 

According to Engadget, it all happens to be dependent upon the clientele’s requirements. 20 kWh can power your home sweet home for 20 hours which is a nearly the whole day and night combined into one time period. 

According to CNBC, it is indeed a pure and clean source of energy. The costs of this product for the intelligent homes of the future will tend to vary.  A battery setup will set you back by $5000. As for those who want to go the whole hog, it will cost a cool $13,000. 

With this scenario in mind, we can definitely predict that Tesla Motors will be facing some tough competition from Mercedes-Benz in the near future.

With all its sunroof tiles and Powerwall batteries, Tesla is not going to have a monopoly in the market as Elon Musk may have thought so in the past.

"As Mercedes-Benz electrifies its vehicle fleet, solar plus storage is essential to enable those vehicles to be powered by clean energy," said Boris von Bormann, CEO of Mercedes-Benz Energy Americas, LLC.

"With batteries featuring the best in automotive engineering from Mercedes-Benz, and high-quality solar energy systems from Vivint Solar, our solution allows customers to take the next step toward a sustainable energy future. The launch of our home battery system in Europe has been successful and we are thrilled to be working with Vivint Solar to bring a reliable and compelling solar plus storage offering to American homes."

The CEO of Vivint Solar released a statement recently regarding his company’s choice of Mercedes-Benz as an ideal partner in this business. He spoke of how the carmaker’s quality standards were excellent and the products that will be churned thanks to their partnership will delight the customer base.

"The choice to work with Mercedes-Benz Energy, a world-class innovator in energy storage, was an easy one," said David Bywater, CEO of Vivint Solar.

"We believe their energy storage system is going to delight our customers and are impressed with their ambitious plans for the future. We look forward to bringing this innovative solution to consumers, beginning in our California markets, and to empowering greater renewable energy usage."

"According to Parks Associates research, 79% of rooftop solar PV owners purchased their system to save money on electricity," said Tom Kerber, director IoT strategy, at Parks Associates.

"Adding storage is an obvious approach to improve the return on investment on a solar solution. Three-quarters of households view battery storage as an important addition to solar panels."

Mercedes-Benz and Vivint Solar will exclusively offer their new solar home solution directly to homeowners in California first. Actually California will be their first U.S. market.

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

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