GM Unveils PowerBank: Empowering Homes with Solar Energy

General Motors has introduced the GM Energy PowerBank, a home energy storage solution designed to store and transfer solar energy for electric vehicle owners. The PowerBank aims to enhance energy control, support renewable sources, and ensure power reliability during outages. This move targets potential EV buyers by offering innovative energy solutions.

General Motors announced on Thursday that its GM Energy division is rolling out a home storage option known as the GM Energy PowerBank. This new solution allows electric vehicle owners to store and transfer solar energy, providing a self-sufficient energy source.

Available in two variants with capacities of 10.6 and 17.7 kilowatt-hours, the PowerBank is part of GM's strategy to promote energy management products across the U.S. It promises to power homes during outages or reduce electricity costs during peak times, enabling customers to have greater control over their energy consumption.

The initiative positions GM against competitors like Tesla, which also operates in the home energy storage market. As the reliability of the energy grid becomes increasingly questionable, GM's PowerBank could become a pivotal solution for potential electric vehicle buyers concerned about power security.

(With inputs from agencies.)