Updated
Updated · Reuters · Jun 9
GM to Launch Vehicle-to-Grid Power Sales in 2 States as It Courts About 10 Utilities
Updated
Updated · Reuters · Jun 9

GM to Launch Vehicle-to-Grid Power Sales in 2 States as It Courts About 10 Utilities

3 articles · Updated · Reuters · Jun 9

Summary

  • California and Texas will be GM’s first commercial vehicle-to-grid markets in the next few months, letting some EV owners sell stored power back to utilities during peak demand.
  • The service comes through a software update for owners of GM’s vehicle-to-home system, extending blackout backup capability into grid sales while giving GM a share of the payments.
  • About 10 utilities are in talks with GM, but adoption remains early because few utilities support vehicle-to-grid programs and drivers may prefer to keep their cars charged.
  • Michigan is still at the pilot stage: GM and DTE Energy are running a 30-employee test as the automaker expands deeper into energy businesses alongside rivals following Tesla’s lead.

Insights

With U.S. EV dreams fading, are giant batteries the last hope for American automakers to win the energy transition?
While the U.S. cuts EV incentives, are global rivals poised to dominate both the electric car and grid storage markets?
As war drives gas prices sky-high, why are automakers abandoning EVs for massive grid batteries instead?