General Motors (GM) and SDG&E team up to explore vehicle-to-grid and vehicle-to-home technology
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Wolfe downgrades General Motors (GM), sees limited near-term upside
November 10, 2022 9:44 AM ESTWolfe Research analyst Rod Lache revisited the firms auto coverage after recent earnings reports. The analyst also used the opportunity to cut the rating on General Motors (NYSE: GM) to Peer Perform from Outperform with an unchanged $55 per share price... More
SDG&E (SRE) and General Motors (GM) to Explore Vehicle-to-Grid and Vehicle-to-Home Technology
November 10, 2022 6:51 AM ESTSempra's (NYSE: SRE) San Diego Gas & Electric (SDG&E) and General Motors (NYSE: GM) today announced an agreement to investigate the feasibility of integrating bidirectional Electric Vehicles (EVs) into the electric grid as a local energy resource. Following GMs announcement of its newest business unit, GM Energy, the study will examine the hardware, software, processes and construction considerations necessary to accelerate wider adoption of Vehicle-to-Grid Integration (VGI) capabilities, which include:
Documenting best practices for Vehicle-to-Home or Building projects so that the benefits may be clearly... MoreUPDATE: Wolfe Research Downgrades General Motors (GM) to Peerperform
November 10, 2022 5:55 AM EST(Updated - November 10, 2022 6:29 AM EST)
Wolfe Research analyst Rod Lache downgraded General Motors (NYSE: GM) from Outperform to Peerperform.
The analyst comments "While absolute performance for Autos/Auto Parts has been awful this year, the relative performance of Suppliers (-23% YTD) vs. OEMs (-35% YTD)... More
