Tado Launches New Smart Thermostat Targeting European Market
German smart home company Tado has launched its second-generation Matter-over-Thread thermostat, the Smart Thermostat X. The product is positioned as a successor to Google's Nest thermostats in Europe after Google exited that market last year and redirected customers to Tado. The new device comes in wired and wireless versions with prices starting at £159.99/€179.99, featuring a slimmer design compared to previous models and improved integration capabilities through Matter-over-Thread technology. The launch coincides with the rollout of additional features such as multi-home management within Tado's app. Tado also introduced an AI Assist subscription service for automatic heating optimization and a new energy savings promise offering refunds if customers do not achieve expected cost reductions in their first year.

Tickers: $GOOGL