GM wants to take on Tesla's Powerwall with new Ultium energy products, but can it?

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GM wants to take on Tesla's Powerwall with its new Ultium energy storage products

Published Jun 28th, 2023 10:41AM EDTGM isn’t just competing with Tesla in the electric vehicle market — it wants to take on the company when it comes to home energy storage as well., the company announced its first set of home energy storage solutions that are targeted at residential customers who want to install battery-powered energy storage to keep their home powered in case of emergencies.

Home Energy Storage Bundle is made for the exact opposite — customers who just want stationary storage but don’t need an EV as a power option. GM is obviously taking on Tesla’s Powerwall with this lineup, and it does have one unique feature that Tesla does not currently offer — vehicle-to-home charging. Tesla CEO Elon Musk actually indicated that its vehicles may never get the feature. Talking at its last shareholder meeting,Musk said “I don’t think very many people are going to want to use bidirectional charging, unless you have a Powerwall, because if you unplug your car, your house goes dark, and this is extremely inconvenient.

 

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