STUTTGART, Germany and SUNNYVALE, Calif., Nov. 2, 2016 /PRNewswire/ -- 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.
With the growing electrification of transportation, demand for lithium-ion batteries is constantly rising. The stationary energy storage sector presents even more opportunities for growth. Daimler AG entered the stationary battery storage business in 2015 with its subsidiary Deutsche ACCUMOTIVE GmbH & Co. KG, responsible for the development and production of highly complex drive batteries for hybrid and electric vehicles of the Mercedes-Benz and smart brands. Especially with the establishment of the German Mercedes-Benz Energy GmbH, in charge of the development and sale of stationary energy systems, Daimler AG has been continuously expanding its activities in this growth segment this year. With the foundation of the U.S.-based branch, Mercedes-Benz Energy Americas LLC, the company is consistently continuing its expansion and marks another step within the corporate strategy "CASE". "By founding Mercedes-Benz Energy Americas, we are once again underscoring our ambition to be a technological and market leader in the field of highly efficient storage systems on a global scale," says Marc Thomas, CEO of Mercedes-Benz Energy GmbH in Germany. "At the same time, we are making an active contribution to the process of transition towards sustainable energy generation and continuing the success story of German-based battery production." The energy storage concept devised by Daimler Business Innovation provides for a variety of applications. The scalability of the systems allow for industrial application of lithium-ion batteries for network stabilization and smoothing of peak shaving for energy producers, as well as private households, for example in conjunction with photovoltaic installations. Developed for the demanding use in vehicles, the technology in Mercedes-Benz energy storage units meets the highest safety and quality requirements. The products are based on the same technology that Daimler has already used thousandfold in electric and hybrid vehicles since 2012.