Tesla increases Powerwall battery unit’s price by $400
In a recent move, Tesla has marginally increased the price of its Powerwall home battery pack unit. The move comes at a time when the deployment of Powerwall by Tesla is on the increase; with thousands of reservation holders still awaiting the installations of their home battery pack systems.
According to GTM, which first spotted the Powerwall price increase on the Tesla website, the cost of second-generation Powerwall has been increased by Tesla by $400. With the price increase in place, the cost of the home battery pack unit has gone up from $5,500 to $5,900.
By increasing the cost of its Powerwall battery unit by $400, Tesla has reduced the great price advantage which it had secured over its rivals.
Although Tesla has officially commented on the Powerwall price-increase move, the company has not specified whether the $400 increase in the cost of the battery unit is a result of an actual “improvement” in hardware or it simply marks a change in the pricing strategy for the Powerwall 2.
In reference of the Powerwall 2 price increase, a Tesla spokesperson said that the global pricing of energy products is evaluated by the company on the basis of several factors. Further adding that Tesla “continues to make improvements that will simplify homeowner experience,” the spokesperson said: “Powerwall continues to provide great value for customers and installers.”
In a move which marks EVgo’s latest efforts to push energy storage innovations forward in the electric-vehicle (EV) space, the company has recently deployed a new energy storage system powered by “second-life” BMW i3 battery packs at its Union Cit
According to latest Reuters report, based on the information shared by unidentified sources, Chinese battery maker Tianjin Lishen is planning to open its first sales office in Europe. The office will be located in Germany.
In a recent announcement, petroleum company BP has revealed that a new energy storage system for its Titan 1 wind energy power plant in South Dakota, US, will be built and supplied by Tesla.
In a notable move which can potentially accelerate the transformation of the global transportation industry, China is testing an ‘intelligent highway’ built by Qilu Transportation Development Group Co.
In a statement released earlier this week, Hiroshima, Japan-based automaker Mazda Motor Corp has revealed its electrification plans for the future. The company said that it has set a 2030 target for bringing electric power to all its vehicles.
In a recent announcement, the eRoadArlanda consortium has revealed that it has opened an electric car charging road which it has developed in Sweden.