GM Outlines Energy Storage Push With New Battery Chemistry, Data Center Applications And Vehicle-To-Grid Tech

Benzinga_recent_news06-14 23:31

GM, in a series of articles released on Tuesday, said that it already has more than 250,000 GM EVs on the road that can support bidirectional charging, which the automaker sees as a building block for...

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(NYSE:PCG), saying that over 52,000 EVs would be participating in grid-balancing programs by 2030.\nOn the grid-storage side, GM said it is expanding beyond vehicles into larger energy storage systems and is developing sodium-ion battery chemistry, touting better thermal management and more charge cycles. \nThe efforts stationary applications where long life and cost matter more than weight. The company also pointed to battery reuse and recycling as part of its strategy, including a partnership with Redwood Materials focused on building a circular battery supply chain.\nGM said its repurposed battery systems are also seeing applications in energy company Crusoe's AI data center in Sparks, Nevada.\nRedwood plans to place about 100 repurposed battery packs at a GM plant in Michigan, sized at 1.5 MW/6 MWh, and GM expects the setup to cut the site's electricity costs by more than $3 million over the project's life.\nThe company had earlier announced it was scaling back on EV efforts. 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