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General Motors announced on Tuesday that it will produce chargers for electric vehicles and other sustainable energy options for homes and businesses.
The newly created “GM Energy” division will consist of Ultium Home, Ultium Commercial and Ultium Charge 360.
“The reliability of the U.S. electrical power grid has never been more important,” Travis Hester, vice president of GM EV Growth Operations said in a press release.
“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,” Hester said.
The products it will offer includes “bi-directional charging, vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications, to stationary storage, solar products, software applications, cloud management tools, microgrid solutions, hydrogen fuel cells and more.”
GM plans to be completely electric by 2035.
“It was really important to us that when we launched this that it was not a plan for the future, but actually something we’re doing right now,” Hester told CNBC.
“If you have a sudden unexpected power outage, then you can use your vehicle or your stationary storage box to be able to power your home or small business,” he said.
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