Tesla And Panasonic Fight "Battery War" In Europe

By Vlad Tverdohleb for CruxialCIO:  Panasonic Corp is the producer of lithium-ion batteries for Tesla Motors Inc’s cars. However, Panasonic is now preparing to begin selling batteries that power homes in Europe. Its first market is Germany, where homeowners are even given greater incentives to switch to clean electricity generated by solar-power devices.

Thus, Panasonic’s push into international markets with home batteries is putting the Japanese company into direct competition with Tesla, its flagship customer. In May, the American company unveiled a suite of batteries to store electricity for businesses and homes.

Panasonic plans to move later to France, the U.K. and other European markets. Laurent Abadie, Panasonic Europe chief executive officer, declared on Wednesday, Sept. 2, in an interview at the IFA International Consumer Electronics Show in Berlin, that the company has not decided yet when it would start sales in Europe.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Iron Edison Lithium Iron Battery

Iron Edison Lithium Iron Battery

Iron Edison's Lithium Iron battery is for solar PV energy storage and compatible with 12-volt, 24-volt and 48-volt battery-based inverters. Available in a wide range of residential storage capacities, custom high-voltage models are also available for commercial applications like peak load shaving and UPS. Iron Edison's battery uses Lithium Iron Phosphate cells (LiFePO4), known to be the safest type within the lithium-ion family. Iron Edison's battery includes an integrated Battery Management System and DC disconnect for maximum safety. All components are housed inside a steel enclosure with removable lid.