U.S. automakers are increasingly entering the energy storage business as they pivot away from electric vehicles and try make use of battery factories that cost billions of dollars.
Energy storage uses a lot of the same underlying technology as EV batteries to store power for homes, businesses and even utilities.
has been investing in this area for at least a decade. Others automakers, such as Ford
and GM
, made significant announcements in 2025, just as uncertainty about the near future of EV sales began to grow.
