Mercedes-Benz Energy Storage enters the U.S.

Daimler AG is expanding its stationary energy storage business to the U.S. market

© Daimler AG

The stationary energy storage sector presents even more opportunities for growth. © Daimler AG

Daimler AG is expanding its stationary energy storage business to the U.S. market. After this years' founding of the German Mercedes-Benz Energy GmbH, a completely new subsidiary responsible for the development and global sale of Mercedes-Benz brand stationary energy storage, Daimler takes a further step towards growing the market.

The newly established Mercedes-Benz Energy Americas, LLC is assuming the development and sales of stationary energy systems for residential, commercial and utility applications for the North-American market. Boris von Bormann, U.S. solar industry expert, has been selected as the CEO for the branch.

System production will remain the core expertise of Daimler's wholly owned subsidiary, Deutsche ACCUMOTIVE GmbH & Co. KG. Working in collaboration with Mercedes-Benz Research & Development North America in Sunnyvale, California, Mercedes-Benz Energy Americas will bring initial product offerings to the United States starting early 2017.



Source: Daimler AG