General Motors Broadens Electric Goals With New Division
GM Energy will create systems that link electric vehicles to power storage and generation.
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GM Energy will create systems that link electric vehicles to power storage and generation.
GM looks to take on Tesla in the energy market as it introduces its own solar power and storage systems.
GM is launching its GM Energy business with Ultium Home and Ultium Commercial products including stationary batteries, solar and bi-directional charging.
Ultium Home, Ultium Commercial, and Ultium Charge 360 will help put GM's Ultium battery packs to their most efficient use, with cost savings a possible benefit.
One of the 800-pound gorillas in the auto industry will compete head-to-head with the company in an important segment.