Japanese carmaker Nissan and power management company Eaton have unveiled a joint venture to provide wall-mountable lithium-ion batteries to power homes.

The new home battery system, called xStorage, will be in direct competition with Tesla’s Powerwall lithium-ion wall-mounted battery, which the company announced last year.

Tesla’s Powerwall will come in 6.4 kilowatt hour (kWh) and 10kWh capacities. The 6.4kWh battery retails for $3,000.

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Source: COMPUTER WORLD