GM to Expand Energy Storage Business Following in Ford's Footsteps

Dow Jones06:16

By Kelly Cloonan

General Motors is diving deeper into the energy storage space with plans to develop and deploy sodium-ion batteries for grid-scale applications.

The automaker said Tuesday the plan is in partnership with Peak Energy, a privately-held battery company based in California and Colorado. The move aims to boost a power grid strained by artificial intelligence data centers, GM said.

The move comes after GM's long-time rival Ford Motor disclosed last month it was forming a new subsidiary that will provide battery storage systems for utilities, data centers and large industrial and commercial customers across the U.S. Ford said it will invest $2 billion into the business.

While electric vehicles and other electronic devices often use lithium-ion batteries, stationary energy storage could benefit from sodium-ion batteries given they perform across a wider range of temperatures and for more cycles, GM said.

As a result, sodium ion-powered energy storage systems may operate without active cooling, cutting down on hardware and maintenance needs and energy losses which can drive up costs over time, GM said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 09, 2026 18:16 ET (22:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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