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.
Registration opens today for Tesla’s Model 3, the longer range, cheaper electric vehicle (EV) that the company hopes will repeat the success of its existing luxury models.
Production and deliveries of Tesla’s stationary storage systems have now begun, while a company spokesman said it welcomes new competitors such as Faraday Future to the EV space – in line with Tesla’s stated values to accelerate clean energy deployment.
