GM, Redwood Materials Plan US Energy Storage Expansion

General Motors (GM) and Redwood Materials have signed a non-binding memorandum of understanding to accelerate the deployment of energy storage systems using both new U.S.-manufactured GM batteries and second-life battery packs from GM electric vehicles. This partnership builds on their existing collaboration and supports the rapidly growing electricity demand driven in part by AI data centers, which are expected to triple their share of U.S. electricity usage by 2028. Redwood Materials recently launched Redwood Energy, a business focused on integrating used and new EV battery modules into fast, cost-effective energy storage solutions, with GM batteries playing a key role. GM's repurposed EV batteries are already powering the largest second-life battery installation globally, a 12MW/63MWh system in Sparks, Nevada, supporting AI infrastructure company Crusoe. Both companies emphasize that their domestic, scalable energy storage systems address critical needs for grid resilience, backup power, and energy independence amid accelerating electrification and AI-driven power consumption. Further details on this collaboration are expected to be announced later in the year.