General Motors is forming a new business unit to offer stationary battery packs, solar panels, electric vehicle chargers and other energy-management products for homes and businesses.
The new unit, called GM Energy, will offer products and services for what the company calls “energy management,” including hardware such as batteries and solar panels as well as hydrogen fuel cells and — importantly — cloud-based software that can link these offerings with electric vehicles and utility companies. The products, some of which will be provided by partners, can be tailored for individual homeowners as well as businesses, including companies operating fleets of electric vehicles.
The commercial operations are already underway, while home energy systems will be available starting next year as the 2024 Chevrolet Silverado EV goes on sale.
GM Energy has already signed up a series of partners that will help it deliver products and services and integrate its offerings into the grid. Those partners include solar giant SunPower will install GM’s home systems and provide solar panels, and regional utility companies including Pacific Gas and Electric (PG&E) and Con Edison.