Tesla wants more than to be in the garages of its customers as it plans to begin offering batteries for home and business energy-storage applications soon.
The automaker stated in an email to investors and analysts Tuesday it would reveal its new battery products April 30, according to Bloomberg. Investor relations boss Jeffrey Evanson said the unveiling would explain "the advantages" of its home and business battery products and why current options aren't as compelling as what Tesla has to offer.
Though scant details have come out about the batteries, Tesla's plans aim to put the automaker as a leader in the emerging energy storage market. Many players in the market look to not just supplement, but ultimately surpass the traditional electric grid. The automaker and sister company SolarCity have already signed up companies like Wal-Mart and Cargill for their energy storage pilot program in California to help establish and accelerate said plans.
[Photo credit: GeekWire]
The post Tesla Unveiling Home, Business Battery Products April 30 appeared first on The Truth About Cars.
from The Truth About Cars http://ift.tt/Jh8LjA
Put the internet to work for you.
No comments:
Post a Comment