A ‘Mornings with Maria’ panel analyzes the markets, the impact from the conflict in Iran and investing in companies that the government has a stake in.
General Motors announced on Tuesday it is releasing a software update that enables some electric vehicle (EV) owners to send power back to the electric grid. The update expands the capabilities of GM’s vehicle-to-home energy system, which allows EVs to power homes during outages, now including the ability to return electricity to the grid. Owners with this system will be able to sell excess power to utility providers during peak demand periods, with General Motors earning a share of the profits. This initiative positions EVs as a critical resource for balancing the grid amid rising energy demands driven by AI data centers and severe weather events.
General Motors noted it currently has over 250,000 bidirectional-capable vehicles on US roads. The company plans to integrate vehicle-to-grid technology into all future electric vehicles. The quarter-million bidirectional-capable GM EVs now have the capacity to power 120,000 homes for up to a week. The company is testing grid integration technology through partnerships with Pacific Gas and Electric Company (PG&E) and DTE Energy in Michigan, using employee homes to develop reliable backup capacity tailored to consumer preferences. Wade Sheffer, General Motors Energy Vice President, stated: “This transition won’t be easy, and we deeply respect the challenge of balancing day-to-day grid reliability with rapid innovation.”
The automaker outlined three areas for collaboration to simplify grid modernization: increasing enrollment in utility customer programs, educating consumers about EV grid support and rate structures, and developing best practices through regional pilot projects. GM emphasized that consumers will participate more actively with clear incentives, such as localized time-of-use tariffs, enabling cost-effective charging during energy surpluses and fair compensation during peak demand. The company also highlighted efforts to streamline paperwork, engineering reviews, and utility interconnection processes to boost consumer confidence in adopting bidirectional chargers.
General Motors aims to have over 50,000 of its EVs participating in grid-balancing by 2030. “Parking lots and driveways represent a massive, distributed power asset waiting to be integrated,” Sheffer stated. “By working together, we can secure an affordable, reliable, and resilient energy future for everyone.”
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