GM said it is getting into the vehicle-to-building charging sector with a new business unit known as GM Energy.
It said that its Ultium Home and Ultium Commercial, in combination with the existing Ultium Charge 360, are intended to create a suite of energy management products and services.
The move comes as electrification across multiple sectors including transportation is taking hold. The expansion offers more business opportunities for car manufacturers as the vehicle’s battery can be tapped when it’s not in use to provide resiliency to the grid or backup power to homeowners.