Tuesday, February 27, 2024
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

GM company takes on Tesla with new energy division

Washington, Oct 11 (Prensa Latina) General Motors (GM) on Tuesday said that it is forming a new business unit to provide stationary battery packs, solar panels, electric vehicle charges and other energy-management products for homes and business.

The new unit, called GM Energy, aims to build on the battery and software expertise that GM has amassed in recent years to develop a new line of electric vehicles that will, in time, replace its internal-combustion offerings.

Industry experts noted this new GM unit puts it in even greater competition with Tesla, which already has similar services with electricity storage systems for homes, as well as solar panels.

GM also praised this initiative will also ease the vehicle-home and vehicle-grid energy supply, making it possible to sell the energy stored in EVs and batteries to companies in this sector.

The GM also stressed its willingness to extend Energy’s activities to Canada and other countries in the future.

GM’s Vice-President for EV Growth Operations Travis Hester emphasized the company will contribute to generating sustainable energy products and services.

pll/lam/yag

LATEST NEWS
RELATED
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.