"Electric Vehicle Sales Stall, But Automaker and Battery Makers See Bright Future in AI Data Centers and Utilities. As the electric vehicle market experiences a slowdown, General Motors and major battery manufacturers are shifting their focus to a new and rapidly growing demand: energy storage systems for artificial intelligence data centers and utilities. With increasing reliance on cloud computing and data storage, the need for efficient and reliable energy storage solutions has never been greater. As a result, GM and its partners are positioning themselves to capitalize on this emerging market, leveraging their expertise in battery technology to supply the high-performance batteries needed to power the data centers and grid-scale energy storage systems of the future."
With EV sales waning, GM and battery makers see an opportunity to supply batteries for energy storage systems for AI data centers and utilities.
