cnbc.com

GM vs. Ford rivalry adds U.S. defense and energy storage push

General Motors logoGeneral Motors
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Ford logoFord
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Automakers’ rivalry extends beyond military vehicles as both look to the expanding energy storage systems market tied to rising power costs and data-center demand. GM is developing sodium-ion battery cells with Peak Energy and reusing EV batteries through a Redwood Materials partnership. Ford also plans a $2 billion energy push, including converting a Kentucky battery factory to make storage units by late 2027.

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