Mercedes Benz's Home Battery Coming To The U.S.

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It has teamed up with Utah-based Vivint Solar for this goal.

Now it will team with Mercedes-Benz to bring solar storage batteries to USA homes, putting it in direct competition with Tesla. These storage systems are made to Mercedes-Benz quality standards and based on the same automotive-grade battery technology used in its electric and hybrid vehicles.

Mercedes-Benz Energy Americas CEO Boris von Bormann says he's not anxious about competition or comparisons to Tesla.

The sleek battery, about the size of a mini-fridge, will allow homeowners to take better advantage of the energy their solar power systems produce, whether to cut costs or to maintain a steady source of electricity during power failures. Despite this market's diminutive stature, the big players in the solar industry have pounced on strategic partnerships that set them up to deliver as falling battery prices and changing tariffs make the economics more alluring. To start, it acts as a backup generator should the power grid go down in the area.

Homeowners can use the battery packs to store solar energy in order to use at night or when grid rates are higher, or they can also use the system for backup energy in case of a power outage.

The luxury carmaker announced on Thursday it would partner with Vivint Solar to sell a smart solar ecosystem to California residents, aiming to challenge Tesla's new solar-roof rollout on its turf.

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"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. "Our solution allows customers to take the next step toward a sustainable energy future".

Electric vehicle owners aren't the only target audience for these new storage systems.

Mercedes' at-home battery.Mercedes-BenzMercedes-Benz is taking a direct shot at Tesla's solar push and battery business.

To view the online media kit, including downloadable photos and video, visit Vivint Solar's newsroom. Mercedes-Benz Energy offers innovative energy solutions to manage resources more efficiently and sustainably. He noted the company will soon launch other "add-on offerings" to further ease customers' transition from internal combustion engine to electric auto.

The market for energy storage is small, but growing rapidly as the costs of lithium-ion batteries fall. Mercedes-Benz just set up shop in the US in November.

Mercedes-Benz is pursuing a holistic approach regarding the electrification of the drive train. The storage options will first be introduced in California and then to the other states where Vivint is now operating. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings. Some other newer companies don't necessarily have this to offer their customers, giving Vivint and Mercedes a leg up. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options or power purchase agreements.

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