General Motors Co. announced Tuesday it's forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles.
Ultium Charge 360, introduced in April, will be part of GM Energy, and its portfolio of integrated public charging networks and mobile apps will expand. The company also introduced new products called Ultium Home and Ultium Commercial that will be under the GM Energy umbrella.
The business will offer a range of products for commercial and retail customers, from bi-directional charging, vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications, to stationary storage, solar products, software applications, cloud management tools, microgrid solutions and hydrogen fuel cells.
