German luxury carmaker Mercedes Benz has officially launched a dedicated energy division, focusing on its range of lithium-ion storage battery systems, following a series of related announcements including tie-ups with inverter maker SMA.
An impending €950 million (US$1.07 billion) acquisition of battery manufacturer Saft will enable French oil major Total to “span the value chain” and exploit synergies with EV and solar markets, an energy market expert has said.
After claiming that interest in Powerwall and Powerpack was “overwhelming” and “crazy” seven months before the first commercial installations began, Tesla CEO Elon Musk announced that close to 400,000 people have reserved a Model 3, due out next year. Andy Colthorpe asks how much Tesla’s overall success in its stated mission to accelerate the transition to clean energy is pinned to a successful roll-out from the Gigafactory for the car.
