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Samsung and Tesla Connect Home Energy Management

Source: Samsung Electronics

Seoul, South Korea - At CES 2024, Samsung (KRX: 005930) and Tesla (NASDAQ: TSLA) announced plans to connect several Tesla energy products with Samsung's SmartThings Energy software. 

It will be unveiled at CES 2024 in January.

The Details:

The integration will allow SmartThings Energy users to monitor and manage their home's solar energy production, battery storage levels, electric vehicle charging, and overall energy consumption from a single interface.

Connected Tesla products include the Powerwall home battery, Solar inverters, Wall Connector charging station, and electric vehicles. 

Users can view energy usage data and receive alerts about extreme weather that could affect the Powerwall's backup power supply. 

The goal is to give consumers more insight and control over their home energy use to support sustainability, cost savings, and emergency preparedness.

What They Say:

"Tesla has developed open application programming interfaces that allow third-party services to integrate with Tesla products, including the Powerwall battery and solar energy systems"

said Drew Baglino, senior vice president of Powertrain and Energy Engineering at Tesla.

"By enabling connections to platforms like Samsung's SmartThings, we aim to give customers more ways to monitor and manage their home energy use."

Chanwoo Park, executive vice president and head of the Internet of Things development team at Samsung Electronics, said:

"The collaboration enables SmartThings Energy to display Tesla energy production and consumption data and send notifications to Samsung devices. It helps expand SmartThings connectivity beyond home appliances, in line with our vision of a smart, sustainable, connected home."

What Comes Next:

Tesla's open application programming interfaces (APIs) will enable the integration from a technical standpoint. 

The partnership is expected to launch in the second quarter of 2024 in markets with both SmartThings Energy and Tesla products.