General Motors Says Makes Vehicle-To-Home Bidirectional Charging Technology Available Across Portfolio Of Upcoming Ultium-Based EVs
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) has announced that it will make vehicle-to-home bidirectional charging technology available across its portfolio of upcoming Ultium-based electric vehicles (EVs).

August 08, 2023 | 1:02 pm
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POSITIVE IMPACT
GM's announcement of vehicle-to-home bidirectional charging technology for its upcoming Ultium-based EVs could potentially increase its market share in the EV sector.
The introduction of vehicle-to-home bidirectional charging technology could give GM a competitive edge in the EV market. This technology allows EVs to not only draw power from the grid for charging but also feed power back into the home or grid, which could be a significant selling point for consumers. This could potentially lead to increased sales and market share for GM in the EV sector, positively impacting its stock price in the short term.
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