The automaking giant is soon going to receive serious competition by Mercedes which has also decided to step into the battery-making business.
Tesla has been going through some massive changes within the functions of the firm that it has always been carrying and one of the newest ventures that it has reportedly stepped into is all about making home based batteries for the customers to save money on their electricity bills.
Even though at first the automaking giant did not receive the right reaction from the automotive industry about going into battery making business and analysts were seen saying that the firm is just changing its track a little bit to hide the sluggish sales of its car lately. However, this business is now being taken as a huge step towards progress by analysts and there is one more trend that the electric car makers seem to be setting. According to a recent news release, it was seen that Mercedes has decided to adopt the whole idea of manufacturing and selling batteries too.
This news has not only surprised the auto industry and analysts, but it has also amused them since the luxury car making firm did not make such business plans in the past. The energy storage business plan that has taken its toll in the industry is sure to bring about a change that turns around how things worked in the auto companies before. Mercedes has decided to look past the manufacturing and selling off of cars and automobiles and have a look at the battery making business instead. According to the recent news on Mercedes-Benz, it was seen that its parent company Daimler AG was seen working towards making the tests needed to be done for the batteries that are used in the homes. As per the press release, it has been heard that before September, the firm will be launching the first of its batteries.
The report on Mercedes plans has made it clear that the automakers have been testing batteries for a long time now, probably as long the smart car making company, Tesla. A subsidiary of Daimler was set up around six year back which was made to focus on the production of lithium-ion batteries.
Analysts believe that Tesla has made its focus on the batteries quite a straightforward and obvious decision while on the other hand Mercedes’ parent company is not doing the same and is taking baby steps into the industry. The hybrid car makers are looking towards expanding their business by making batteries in a huge number while Daimler aims to make batteries but not in a large quantity. However, it is expected by the analysts that the electric car producers need to look out as serious competition is headed their way.
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