GM Pivots to Energy Storage on AI Demand, Following Ford’s Lead
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Article Excerpt
A GM Energy home electric vehicle (EV) charging station and home battery system during the 2025 New York International Auto Show. PHOTO BY BING GUAN /Photographer: Bing Guan/Bloomber Article content (Bloomberg) — General Motors Co. is pushing into stationary electricity storage through a partnership with startup Peak Energy Technologies, tapping into both a growing market fueled by demand from artificial intelligence and investor hype that recently boosted rival Ford Motor Co.’s shares. Article content GM and Peak Energy plan to develop batteries that can store energy on the grid during off-pe…
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Jun 9, 2026