Headline: UNCAPTIONED: GM EV Owners Could Soon Earn Money by Selling Power Back to the Grid
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GM EV Owners Could Soon Earn Money by Selling Power Back to the Grid. General Motors is rolling out a new software update that could turn some electric vehicles into money-making energy sources. The update expands GM’s vehicle-to-home technology, which already allows EVs to power a house during blackouts. Now, eligible owners will also be able to send electricity back to the grid when demand is high. In return, drivers could earn payments from utility companies, while GM takes a share of the revenue. The technology, known as vehicle-to-grid, is still in its early stages. Only a small number of utility providers currently support it, and questions remain about whether drivers will want to sell power instead of keeping their vehicles fully charged. GM says it is already working with around 10 utility companies and plans to begin wider deployment in states like California and Texas within the coming months. The move highlights how major automakers are increasingly looking beyond cars and expanding into the energy business.
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Keywords: Motoring,General Motors,GM,electric vehicles,EV,vehicle-to-grid,V2G,vehicle-to-home,utility companies,power grid,energy storage,software update,California,Texas,blackout backup,clean energy,energy business
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