BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.
The German company made the announcement at the Electric Vehicle Symposium & Exhibition 29 in Montreal, claiming it will be the first automotive manufacturer to utilise a complete automotive high-voltage battery for energy storage.
The system can use both new and second life BMW i3 high-voltage batteries and can be integrated with charging stations and solar PV systems to allow customers to offset peak energy costs and access backup energy reserves.
Cliff Fietzek, manager connected eMobility at BMW of North America, said: “The remarkable advantage for BMW customers in using BMW i3 batteries as a plug and play storage application is the ability to tap into an alternative resource for residential and commercial backup power, thus using renewable energy much more efficiently, and enabling additional revenues from the energy market.”
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