Why everyone’s an energy company now

First Tesla, then Ford, and now GM — it seems every automaker wants a slice of the energy storage market. It’s easy to see why. While EV sales have stagnated in the United States, sales of large, stationary batteries have doubled in the past two years. And they show no signs of stopping. Despite incentives being gutted in the One Big Beautiful Bill Act, the Solar Energy Industries Association expects annual installations to exceed 110 GWh per year by 2030, about double what they are today. “There’s a lot of potential for this market,” Kurt Kelty, vice president of battery and sustainability at GM, told TechCrunch.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.