General Motors launches new line of energy products
General Motors announced the introduction of new energy products that will be housed under a new business unit called GM Energy.
The new products, Ultium Home and Ultium Commercial, are designed to offer cohesive energy management for home, commercial and EV customers, with solutions ranging from bi-directional charging, vehicle-to-home and vehicle-to-grid applications, to stationary storage, solar products, software applications, cloud management tools, microgrid solutions, hydrogen fuel cells and more. GM Energy’s services will also enable the sale of energy from EV and stationary storage batteries back to utilities during peak, high energy consumption periods, unlocking even more potential value for customers and increasing resiliency for the electrical grid.
Several large-scale companies across the US have already agreed to work with GM Energy to provide energy solutions to customers and receive product or service offerings.
“The reliability of the U.S. electrical power grid has never been more important. GM Energy has the opportunity to help deliver sustainable energy products and services that can help mitigate the effect of power outages and provide customers with resilient and cost-effective energy management. GM Energy’s mission is to offer customers access to a full suite of energy products and services, including solutions beyond the vehicle, accelerating the seamless transition to an all-electric future. With the expansion of our enterprise business through GM Energy and one of the most comprehensive portfolios of energy management products and services available, we will help to reduce the barriers of entry for sustainable power and further accelerate the mass adoption of EVs.” – Travis Hester, vice president of GM EV Growth Operations.