General Motors Enters Strategic Partnership With Energy Storage Platform

Peak Energy, a provider of giga-scale grid storage, today announced a strategic partnership with General Motors to develop and deploy what Peak termed "next-generation" sodium-ion battery cells purpose-built for grid storage applications.

"Backed by a strategic investment from GM Ventures in Peak Energy, the partnership combines Peak's passively cooled storage technology with GM's battery cell development expertise to deliver the world's most affordable, most reliable stationary storage," Peak said

Under the partnership, GM will develop the sodium-ion cell in its Michigan battery labs and retain exclusive manufacturing rights, while Peak will incorporate the cell into its proprietary energy storage systems.

Peak said that today's incumbent energy storage technology is built around lithium-iron phosphate (LFP) chemistry and requires active cooling to maintain safe operating temperatures.

Peak uses a sodium-ion passively cooled system