Not sure how new this is, but I only saw the announcement today.
The SmartShunt is an all-in-one battery monitor, only without a display. Your phone acts as the display. The SmartShunt connects via Bluetooth to the...
www.victronenergy.com
Does away with the need for a BMV? And so, I presume, can be a cheaper but full functionality solution?
It is very new and only revealed in the last month.
That is essentially a headless BMV. It will be cheaper, but won't offer the same functionality.
1) no physical display. That is an obvious one, but it does means it is impossible to check info without a smartphone
2) no relay functionality. Probably won't matter to most, but it can be a useful feature. I actually use the relay on the BMV-712 to control a water heater, for example.
Personally, I think for a campervan/Motorhome, choosing the Smart Shunt over the BMV-712 will save you money but the loss of functionality, especially 1) is too much of a disadvantage to make it a worthwhile alternative.
I think the SmartShunt is designed for remote monitoring setups where the manager of those locations connects via the Victron Remote Management console to monitor the system and in
those cases, a physical display would be little value.