The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...

General Motors (GM) is stepping into the large-scale energy storage market, targeting Tesla’s Megapack with a new initiative.

GM partners with Redwood Materials to turn EV batteries into powerful energy storage systems, expanding its clean tech role ...

General Motors Co. in Detroit has signed a non-binding memorandum of understanding with Redwood Materials in Nevada meant to ...

GM and Redwood solve one of the biggest EV sustainability challenges by repurposing old batteries for energy storage instead ...

Redwood’s approach combines used battery packs from EVs, like those produced by GM, with new modules manufactured ...

The automotive world is changing rapidly. According to forecasts, by 2030, 23 million people in the world will become happy ...

GM batteries will be used for energy storage systems, which can hold electric, solar and wind energy to power data centers or ...

Even with the moves, the company’s results were hit by the pullback in EVs, with sales shrinking 24% last year. It expects EV ...

General Motors’ profit and revenue declined in its second-quarter but the automaker easily topped expectations and the company stuck by its full-year financial outlook that it lowered in May. For ...

Battery recycler Redwood Materials recently announced its intention to use used batteries in second-life storage systems. Now ...

The companies say GM’s second-life EV batteries already are being repurposed to help power Redwood’s microgrid installation in Sparks, Nevada.