GM offers new energy storage options for EV owners across the U.S.

GM Energy is expanding its portfolio with the launch of the GM Energy PowerBank, a stationary storage product that gives EV owners the power to store and transfer energy from the grid, and the option of integrating with solar power equipment. The General Motors unit has also expanded access to energy management products across all 50 states.

By combining two 17.7kWh GM Energy PowerBanks, consumers can create 35.4kWh of stationary storage, enough to power the average American home for up to 20 hours1.

'One of the core differentiators of GM Energy's portfolio is its modularity,' said Wade Sheffer, vice president of GM Energy. 'The flexibility of our energy management tools, combined with one of the market's largest lineups of vehicle-to-home-capable EVs, gives our customers more control over their energy use, helping to mitigate the impact of power outages, integrating renewable energy options and unlocking additional values.'

The GM Energy PowerBank is available for purchase as part of the GM Energy Home System bundle, which also includes a GM Energy PowerShift charger and GM Energy Vehicle-to-Home Enablement kit. Customers who previously purchased the GM Energy V2H Bundle can simply add on a GM Energy PowerBank.

For customers integrating solar power, GM Energy will refer customers to preferred installer Qmerit for site assessments, compatibility checks, and personalized quotes.

Customers with questions can visit GM Energy Live, where product specialists will help provide more information and showcase GM Energy's solutions through an immersive digital experience.

Pricing, installation costs, and timeline for delivery for each of GM Energy's products and services will vary. Additional information is available at gmenergy.gm.com.

GM Energy, a wholly owned subsidiary of General Motors, is focused on expanding and accelerating a holistic energy ecosystem through new products, software and services, including broadening access to EV education and resources, expanding public charging infrastructure, and developing new energy management solutions for customers. For more information, visit gmenergy.gm.com.

Cautionary Note on Forward-Looking Statements: This press release and related comments by management may include 'forward-looking statements' within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact and represent our current judgment about possible future events. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law.

1The GM Energy Storage Bundle shown requires a fully charged and properly equipped PowerBank, and proper grid interconnection. The U.S. Energy Information Administration (EIA) estimates average daily home energy appliance usage to be 30 kWh. Weather conditions, life of the battery, PowerBank usage and other external factors may impact the duration of time. Power supply may be interrupted: not recommended for medical devices.

Photo credit: General Motors
posted on conceptcarz.com

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