General Motors To Compete With Tesla In Battery Production

Following Tesla's steps, General Motors has decided to give a try at the battery producing business too.

The most recent Tesla news is all about the fact that the automaking giant is already being threatened by rivals in the battery making industry that it has just entered and this is keeping the hybrid car producers on their toes. It has just been two months since the electric car makers announced their entry into the battery making business which it has planned to initiate from a battery producing plant in Nevada. The firm has also reported that it will be making two kinds of batteries, known as Powerwall and Powerpack, which will be immovable energy storage for home based purposes as well as for its electric smart cars.

However, rival General Motors has decided to step up to the firm to by announcing that it is also planning to invest into the battery storage industry, following Elon Musk’s company’s footsteps. This could be taken as a threat by the automaking giant, but analysts believe that GM is planning on a very different space to follow in terms of production of batteries. As per the press releases, it has emerged that the GM will not be investing much in the business unlike Tesla, which has reportedly put in a massive $5 billion into a battery-making plant. Instead, GM will be using old thrown away battery packs and bringing them to use by recycling them. These batteries will be the ones that are disposed of from the electric cars made by the Michigan-based firm only.

In a press release that took place on Tuesday, June 16, it was seen that the firm has plans of using a battery pack consisting of five used batteries which will then be used as an extension for powering cars and homes, using both solar energy as well as energy produced by the wind.

According to an article published by Fortune, it will be seen that the recycling procedure that is being followed is going to be compatible with primary usage as well. But consistent recycling needs to be done in the case, as they will be charged from the solar energy received daily.

On the other hand, it is being seen that the batteries General Motors is planning to launch will be saving quite a lot of energy for rainy days, which has come around to a massive 80 percent. However, a supply problem has been identified by the automakers as the recycling will only be done from the already used batteries of electric vehicles and the usage of those cars has not been as much as the usual cars.