GM said the new division, called GM Energy, will help customers transfer electricity from an EV or battery-storage box to a home or building, as a way to protect against power outages and transfer electricity to the grid during off-peak times.
President Biden’s Inflation Reduction Act calls for at least 50% of an electric vehicle’s battery to be made in the U.S. to qualify for a federal discount. WSJ’s George Downs breaks down a battery to explain why that’s going to be a challenge. Illustration: George Downs
gomer2323 ;) Next decade…
Batteries STORE energy, they don't produce it. Energy must be produced and then stored in them to provide energy. Every notice that hazmat label on any products w lithium batteries? Yeah, let's use of massive batteries.. and then bury them in the ground. Lunacy. SMFH
How is this better for emergency use than a natural gas generator, which can power your home indefinitely during a power outage?
You can’t copy tesla . Will not work for you
Copy TSLA much?
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GM created a new energy business to sell batteries and solar panels in bid to dethrone TeslaGM Energy is a direct shot at Tesla. Competition is good, right? 😉
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