Peak Energy and General Motors Partner to Scale Next-Generation Energy Storage Technology for the Grid
Partnership combines Peak Energy's market leading passively cooled energy storage platform with GM's battery expertise to scale next-generation sodium-ion batteries for grid-scale storage
Under the partnership, GM will develop the sodium-ion cell in its
"Lowering the cost of energy is one of the most important issues facing America today. We are proud to develop an energy storage system that is safer, cheaper, and faster to deploy that any other technology on the market, enabling the
Today's incumbent energy storage technology is built around lithium-iron phosphate (LFP) chemistry and requires active cooling to maintain safe operating temperatures. Peak Energy's proprietary passively cooled battery storage system has disrupted the conventional energy storage market by eliminating energy-intensive cooling systems that increase costs. Peak's sodium-ion system reduces energy storage costs by 20% compared to conventional systems and delivers more than 99% uptime. According to Peak Energy analysis,
"At GM, we know that the application should determine the battery, and for grid-scale stationary storage, sodium-ion is the right solution," said
To learn more about Peak's revolutionary battery storage solutions, visit www.peakenergy.com.
About Peak Energy
Founded in 2023, Peak Energy is a U.S.-based company developing low-cost, giga-scale energy storage technology to secure America's energy economy. Founded by industry veterans from Tesla, Enovix and Apple, the company is on a mission to drastically lower the cost of energy storage and establish the U.S. as a global leader in the battery market. For more information, visit www.peakenergy.com.
Media Contact:
Inkhouse for Peak Energy
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SOURCE Peak Energy Technologies
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