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Posted on 09/08/2026 9:25:02 AM PDT by BenLurkin
Ford joined GM this year in seeking U.S. military contracts after the Trump administration approached U.S. companies about assisting the military with their expertise in mass manufacturing. The automakers’ efforts so far are largely focused on military vehicles, but could grow with time.
Simultaneously, both companies are entering the energy storage system, or ESS, market amid an expected growing need related to rising consumer energy costs and data centers. Energy storage systems use a lot of the same underlying technology as electric vehicle batteries to store power for homes, businesses and even utilities.
Both markets are viewed by Wall Street analysts as new potential growth areas for the automakers. At one point, it was thought new opportunities might come from all-electric vehicles, but Ford and GM have since lost billions of dollars on those efforts.
...
The two markets are expected to be small portions of the companies’ focus and revenue for the foreseeable future, but they could help the automakers diversify their operations and complement their core businesses as new vehicle sales slow in the U.S.
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The global ESS [Energy Storage] market is estimated to grow from $668.7 billion in 2024 to $5.12 trillion by 2034, according to research and consulting firm Global Market Insights. As part of that, the firm expects to see a significant expansion in the U.S.
GM and Ford are attempting to capitalize on such expected growth to fill a void. The companies invested billions of dollars in plants to produce battery cells to meet EV demand that didn’t materialize.
Long-term, GM could move further into ESS, including developing next-generation sodium-ion batteries with Denver-based startup Peak Energy. Kurt Kelty, GM’s vice president of battery and sustainability, said he believes that technology can reshape grid-scale energy storage.
(Excerpt) Read more at cnbc.com ...
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$5 trillion in batteries will power the country for 20 minutes.
Then we explode, and the fire can’t be put out.
Gm ford, which vehicles they build suck worse.
Ford ranger, engine problems at 60k
Ford probe gt, didn’t even make it to 60k.
Ford escape, lol pos.
Vega SW, gotta say no problems while I owned it.
Gm ford, which vehicles they build suck worse.
Ford ranger, engine problems at 60k
Ford probe gt, didn’t even make it to 60k.
Ford escape, lol pos.
Vega SW, gotta say no problems while I owned it.
Math is not your strong point is it?
Nor is science.
“Simultaneously, both companies are entering the energy storage system, or ESS, market amid an expected growing need related to rising consumer energy costs and data centers. Energy storage systems use a lot of the same underlying technology as electric vehicle batteries to store power for homes, businesses and even utilities”
Tesla’s there already, and Tesla has their own advanced, massive Lithium processing plant in Texas already as well.
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