General Motors launching energy products

The next step taken by General Motors will feature providing new energy products to households, businesses and utilities. Meanwhile, competition is heating between GM and Tesla in the field of making and selling electric vehicles.

GM’s new line will be housed under a new business unit called GM Energy and covers the range of EV ownership, including stationary energy storage, solar through a partnership with SunPower and bi-directional charging technology to deliver power from the vehicle to their home or to the grid.

GM Energy has also developed a cloud product that houses data and management software and helps tie all of these hardware products together and, ultimately, balance out the power grid while providing an incentive to EV owners.