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FRANKFURT (Reuters) – Germany’s Solarwatt, backed by BMW’s billionaire actor Stefan Quandt, affairs to barrage a baby bore that lets homeowners articulation rooftop solar panels to ability accumulator batteries and electric cartage to cut costs.

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The wallbox allows home owners to ascendancy back and how abundant home-produced photovoltaics (PV) ability they store, use to allegation their electric cartage (EVs), or advertise to the grid.

The move takes aim at Shell-owned sonnen, China’s BYD, Germany’s E3/DC, EnBW’s Senec, LG Chem, Varta and Tesla, which EuPD Research says boss the home accumulator market.

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“The activity administrator is the academician of the home,” Peter Bachmann, Solarwatt’s Vice President Chump Solutions, told Reuters advanced of a barrage planned for Wednesday.

“It distributes the ability from the roof intelligently.”

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The Administrator Flex device, which looks like a wifi router and will go on auction at about 500 euros ($594), allows the affiliation of activity flows and accessories at home, such as rooftop panels, batteries, electric calefaction pumps and EV-charging boxes.

It follows a home accumulator array accord with BMW aftermost month, and Solarwatt, additionally alive in France, Italy, Spain, the Netherlands, Britain and Australia, aims to be a top bristles amateur by the end of 2022, Bachmann said.

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By bringing the ability and car sectors closer, Quandt, who owns about bisected of BMW with his sister Susanne Klatten, is demography a folio from Tesla’s action book, with articles alignment from solar roof installations to cars.

“We are assuming that we accept a holistic way of cerebration in our DNA,” Quandt, who owns a majority of Solarwatt, said

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