EV Battery Makers Switch to Producing Batteries for Energy Storage
Electric vehicle (EV) battery manufacturers are exploring a new business opportunity as demand from artificial intelligence (AI) data centers continues to grow. Companies that once focused mainly on producing batteries for electric cars are now converting unused production lines to make batteries for energy storage. This move could help them generate new income while finding a purpose for factories that are not operating at full capacity. Several major carmakers and battery manufacturers are already making this change. Ford, General Motors (GM), and LG are adapting some of their EV battery facilities to produce stationary energy storage systems. These systems can…