General Motors partners with Peak Energy to expand into energy storage

GM's sodium-ion battery venture could enhance US energy storage resilience, reduce costs, and shift the competitive landscape post-2028. The post General Motors partners with Peak Energy to develop sodium-ion batteries for energy storage systems appeared first on Crypto Briefing.

At an event in San Francisco today, General Motors made a series of announcements around EV batteries, energy storage, and grid resiliency in the face of growing electricity demand from AI data centers. The automaker announced that it would be activating new vehicle-to-grid capabilities for its current EV and home energy customers. It's releasing a new commercial energy storage system strategy, anchored by newly developed sodium-ion batteries for industrial-scale grid applications. And it's launching a new feature for EV owners that it says will help simplify public charging. Right now, millions of EVs are sitting idly in driveways across … Read the full story at The Verge.

Led by ORNL, the DataHub supports AI-driven workflows for lifetime prediction, anomaly detection and digital twin development using curated energy storage data May 28, 2026 — The Department of Energy’s Rapid […] The post ROVI DataHub Unifies Energy Storage Data to Accelerate Long Duration Battery Innovation appeared first on AIwire.

The post Ford (F) Stock Surges 9% to New 52-Week Peak on Battery Storage Partnership appeared on BitcoinEthereumNews.com. Key Takeaways Ford shares surged more than 9% on May 22, reaching a 52-week peak of $14.94 Ford Energy secured a five-year agreement with EDF Power Solutions for up to 20 GWh of battery storage capacity The agreement leverages underutilized EV manufacturing capacity to meet surging AI data center energy storage demands in a market valued near $10 billion Ford recorded a $1.3 billion noncash benefit from tariffs following a Supreme Court decision Morgan Stanley maintained its Equalweight rating with a $14.00 price target on Ford Ford Motor (F) shares rallied more than 9% during Thursday’s trading session on May 22, reaching a 52-week peak of $14.94 before closing near $14.93. The dramatic surge followed the automaker’s announcement of a significant battery storage partnership that captured investor attention. Ford Motor Company, F The driving force: Ford Energy enter

Giant automaker General Motors (GM) has reached a multi-million dollar deal in California to settle allegations of unlawful sale of data belonging to drivers. According to the California Attorney General Rob Bonta, GM will pay $12.75 million in civil penalties to settle accusations of having collected and kept data belonging to hundreds of thousands of […] The post General Motors To Pay $12,750,000 in Penalties for Allegedly Selling Contact Info, Names, Geolocation and Behavior Data of Drivers to Insurance Firms and Data Brokers appeared first on The Daily Hodl.

The post Detroit automakers have cut over 20,000 U.S. salaried jobs as AI looms appeared on BitcoinEthereumNews.com. The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers. The “Detroit Three” automakers have together cut more than 20,000 U.S. salaried jobs, or 19% of their combined workforces, from recent employment peaks this decade, according to public filings and employment data from the companies. Reasons for the job declines vary by automaker, but in general are tied to evolving technological changes in the automotive industry, with the rise of software-defined vehicles, autonomous and all-electric vehicles, and, increasingly, AI. “Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.,” Ford CE

The post KULR Technology Deposits 300 BTC Into Coinbase Prime as Unrealized Losses Near $18 Million appeared on BitcoinEthereumNews.com. Key Takeaways KULR deposited 300 BTC ($24.36M) into Coinbase Prime on May 13, 2026. KULR’s 1,021 BTC position, bought at a $98,627 average, carries roughly $17.8M in unrealized losses. The move aligns with a 99% drop in non-Strategy corporate BTC buying in 2026, per Cryptoquant. SALE OR COLLATERAL? KULR Technology Group (NYSE: KULR), the thermal energy management firm that launched a bitcoin treasury strategy in December 2024, deposited 300 bitcoin (valued at approximately $24.36 million) into Coinbase Prime, the institutional trading and custody arm of Coinbase, on Wednesday. The transfer occurred roughly three hours before the alert went live on X, pointing to the movement as a possible liquidation signal. KULR’s recent BTC offload, per Arkham KULR’s last publicly disclosed position stood at 1,021 BTC as of July 2025, accumulated for a combined outl

Onchain data published Wednesday shows KULR, a tech company focused on thermal management and energy storage, moving 300 bitcoin into Coinbase Prime, a transfer analysts say looks less like a custody shuffle and more like a sell. SALE OR COLLATERAL? KULR Technology Group (NYSE: KULR), the thermal energy management firm that launched a bitcoin treasury […]