Sun Power Corp collaborated with GM to deliver backup energy for EVs

SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and General Motors (NYSE: GM) announced a collaboration to develop a new home energy system that will enable GM electric vehicles to provide backup energy to a home when properly equipped. GM also named SunPower as a preferred EV charger installation provider and its exclusive solar provider. The collaboration will bring together SunPower’s home energy expertise and installation capabilities with GM’s leadership in EV and battery technology to help provide customers with more resilient, sustainable and cost-effective energy.
The home energy system and installation services are slated to be available alongside the retail launch of the 2024 Chevrolet Silverado EV, expected Fall 2023. With bi-directional charging capabilities, the Silverado EV paired with a home energy system is expected to provide enough electricity to provide whole home backup¹ during a grid outage.
“We are proud to work alongside GM, a stalwart in American innovation, to seamlessly connect home energy and electric vehicles. This is a vital next step toward making an all-electric lifestyle easy and even more beneficial,” said Peter Faricy, SunPower CEO. “Through this collaboration, we are making it easy for EV drivers to power their vehicles with clean energy and providing new ways to offer energy resiliency and peace-of-mind.”

Travis Hester, vice president of GM’s EV Growth Operations. “Leveraging the combined expertise of our two companies, we are working collaboratively to develop great products, services and solutions, and to provide customers with the tools to help access and manage their home energy applications.”