An Indian clean energy firm hopes to bring down the cost of lithium-ion cell manufacturing below INR15,000/kWh (US$222) by setting up a facility in the southern state of Tamil Nadu.

There will be no benefit to basing home energy storage systems on automotive batteries, in the medium or long term, a representative of Mercedes-Benz Energy has said.

Energy storage systems from Mercedes-Benz will be supplied with batteries manufactured at an expanded plant in Germany which the company has just announced, but has declined to reveal the production capacity.

After reports that it will build facilities to rival the capacity of Tesla’s ‘Gigafactory’, Chinese battery and EV-maker BYD (‘Build Your Dreams’) faces a similarly ambitious task to scale up demand, an analyst has told PV Tech Storage.