Electric car company doing home energy storage

Does GM offer a home storage option for EV owners?

REUTERS/Rebecca Cook/File Photo Purchase Licensing Rights Oct 10 (Reuters) - General Motors (GM.N) said Thursday its GM Energy unit is offering electric vehicle owners a home storage option to store and transfer solar energy, part of the company's sales pitch to potential EV owners.

Does GM have a home energy storage system?

GM's chief rival in home energy storage solutions is Tesla. The company sells Powerwall, which, like GM's system, can take in solar or grid energy, store it, and then use it either when electricity rates are high or when the power is out.

Is GM launching a car-to-home charging ecosystem?

Electric vehicle makers are now selling these power solutions, which pair with battery-electric cars, trucks and SUVs to create a vehicle-to-home charging ecosystem. General Motors Energy, GM's wholly owned subsidiary, has expanded its presence in the home energy storage business with its new PowerBank.

What is a vehicle-to-home charging environment?

The concept of creative a vehicle-to-home charging environment is an important, advanced tool for automakers and homeowners. Allowing homes to charge cars and cars to charge homes, and return green energy to the grid, creates less reliance on public charging infrastructure and utility companies.

Can EV batteries be reused in energy storage?

ECO STOR recently signed an MoU with Nissan, Norsk Gjenvinning and Agder Energi to reuse EV batteries in energy storage and recycle spent batteries. In addition, it has established a German subsidiary, ECO STOR GmbH, that offers grid-connected energy storage solutions using new batteries.

Can GM Power an EV?

GM Energy’s Ultium Home products can charge your EV and use it, alongside GM’s own PowerBank batteries, to power the home. By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.