General Motors is expanding its energy business by developing and deploying sodium-ion batteries for grid storage, partnering with Peak Energy. This move follows a similar strategy by Ford, signaling a growing interest in alternative battery technologies beyond lithium-ion. GM's focus on commercial-scale battery storage aims to support energy grids and enhance sustainability efforts. The partnership with Peak Energy highlights GM's commitment to innovation in energy storage solutions.
Rivian introduced the R2 SUV, priced significantly lower than its existing models, aiming to boost sales with a base price around $45,000 to $58,000. Despite CEO RJ Scaringe's enthusiasm, investors reacted negatively, causing the stock to fall over 6...
Dan Dreyfus warns that America's power grid, largely unchanged since WWII, is ill-equipped for modern demands like EVs, heat pumps, and AI data centers, leading to inevitable blackouts and brownouts. The main bottleneck is a shortage of skilled labor...
General Motors is shifting focus from electric vehicles to energy storage by developing sodium-ion batteries with startup Peak Energy, aiming for commercialization by 2028. These batteries promise longer life, cheaper use without cooling systems, and...
GM announced a partnership with startup Peak Energy to develop sodium-ion batteries tailored for grid-scale energy storage, aiming to start trial production in 2028. Sodium-ion batteries offer cost, safety, and longevity advantages over lithium-ion b...
China has aggressively expanded its electric vehicle (EV) market globally and is now targeting the U.S., the world's second-largest auto market. Direct imports of Chinese EVs face high tariffs and regulatory hurdles, but manufacturing them in the U.S...
