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GM launches PowerBank, a battery that could rival Tesla’s PowerWall

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GM launched the PowerBank battery pack, which allows EV owners to store and transfer energy from the electric grid and integrate with solar power .
Competition to provide the best energy savings to EV owners is heating up between auto makers.
General Motor’s unit GM Energy has just released PowerBank, a stationary energy storage battery pack, which gives electric vehicles (EV) owners the ability to store and transfer energy from the electric grid, and allows integration with home solar power equipment.
The PowerBank, which comes in two battery capacity variants, 10.6 kWh and 17.7 kWh, can power up a home when there is an outage or help offset higher electricity rates during peak demand, GM said. In addition, customers can also use PowerBank to store and use solar energy, supplement the charging of EVs and provide power to a home without an EV being present.

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