From cars to data centres, GM pushes into energy storage with three new battery deals

TL;DR

GM partnered with Peak Energy on sodium-ion batteries and expanded into grid storage with Redwood Materials and LG Energy Solution.

General Motors is pushing into energy storage for data centres and the electrical grid, announcing a sodium-ion battery development partnership with Peak Energy, a lithium iron phosphate supply deal with LG Energy Solution, and an expanded relationship with Redwood Materials. The moves mark GM’s clearest signal yet that it sees its $900 million investment in battery chemistry as a business that extends well beyond the cars it sells.

The Peak Energy partnership is the most technically ambitious piece. GM will co-develop sodium-ion battery cells at its Battery Cell Development Center in Warren, Michigan, with the goal of reaching trial production by 2028. Sodium-ion cells use sodium, iron, and manganese instead of lithium, cobalt, and nickel, which makes them cheaper to produce and less dependent on supply chains concentrated...

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