WHAT TESLA BATTERIES NEED TO SUCCEED

Tesla's New Home Energy Storage Solution Still Needs Help to Be a Breakthrough; For Tesla’s cheap Gigafactory-produced battery cells to truly disrupt stationary energy storage, it needs more partnerships and acquisitions in power electronics, software, and with utilities

May 1, 2015 (Lux Research)

“…[The] new offerings for stationary energy storage [from Tesla], including the Powerwall battery for residential energy storage…[and] massive capacity for lithium-ion batteries from its Gigafactory coming online soon…[mean] Tesla and its supplier Panasonic need new markets…[T]he burgeoning stationary energy storage market is a ripe target – but it will need more help to succeed, according to Lux Research…The distributed energy storage space already has many players offering standalone and solar-connected battery systems, so Tesla is certainly not the first to market. However, the EV maker does have key product scaling benefits afforded to few of its competitors, through its relationships with Panasonic for lithium-ion cells and SolarCity, the largest residential solar installer…[but it] must tackle three key areas…Cost reduction beyond [$350/kWh]…Offering financing and new residential business models…[and working] with utilities, not against them…” click here for more

click to enlarge

Tweet