How Berkshire Hathaway Could Use Its $144 Billion

07:52pm, Tuesday, 08'th Mar 2022 The Motley Fool
"Charlie [Munger] and I are not stock-pickers; we are business-pickers," wrote Warren Buffett.
General Motors (GM) announced a partnership with California’s Pacific Gas and Electric (PG&E) on Tuesday to collaborate on a pilot testing the use of the … Read more The post GM and California’s PG&E Collaborate on Using EVs as Backup Power Sources appeared first on TeslaNorth.com .

5 Turnaround CEOs Who Saved Major Corporations

04:57pm, Tuesday, 08'th Mar 2022 Benzinga
In 1980, Lee Iacocca of Chrysler lobbied the U.S. government for a $1.2-billion grant to bail out the automaker. Shortly after, in an effort to show his willingness to save the company, he famously cu

GM announces a ‘significant’ partnership with PG&E

04:54pm, Tuesday, 08'th Mar 2022 Invezz
General Motors Company (NYSE: GM) has partnered with Pacific Gas and Electric Co (NYSE: PCG) on a pilot programme aimed at developing electric vehicles with a unique ability to power a house in case o
With weather triggered outages becoming a way of life in Northern California, PG&E and GM announced a new program Tuesday designed to allow electric vehicle power homes amid a blackout.
General Motors’ ambitious plans for the electric vehicle industry could help boost the operations of a leading utility company with an announced partnership Tuesday morning. What Happened: A collabo
General Motors’ ambitious plans for the electric vehicle industry could help boost the operations of a leading utility company with an announced partnership Tuesday morning. What Happened: A collaboration between General Motors Co (NYSE: GM ) and PG&E Corp (NYSE: PCG ) was announced Tuesday morning. The partnership will see General Motors electric vehicles used as backup power sources for PG&E customers. “We are really excited about this innovative collaboration with GM,” PG&E CEO Patti Poppe said. “Imagine a future where everyone is driving an electric vehicle – and where that EV serves as a backup power option at home and more broadly as a resource for the grid.” The two companies will work together to test using electric vehicles as “on-demand power sources for homes in PG&E’s service area.” Bidirectional charging technology will be used in the test, linking an … Full story available on Benzinga.com
The average cost of repairs are nearly 3% higher for a  small  EV  versus a small internal-combustion engine car.
This technology would allow your electric vehicle to seamlessly power your entire home if the grid goes down, possibly for days at a stretch.

GM Partners with PG&E to Test Bidirectional Charging

03:56pm, Tuesday, 08'th Mar 2022 CNET
This technology would allow your electric vehicle to seamlessly power your entire home if the grid goes down, possibly for days at a stretch.

GM and PG&E to Test Program for Electric Vehicles to Boost Power Grid

03:52pm, Tuesday, 08'th Mar 2022 The Wall Street Journal
The companies plan a pilot to examine the potential of using GM electric vehicles as backup power sources during power outages.

Oil Prices Continue to Soar

03:50pm, Tuesday, 08'th Mar 2022 Zacks Investment Research
Oil Prices Continue to Soar
Tesla, Inc.'s (NASDAQ: TSLA) China sales momentum remained intact in February, as the electric vehicle manufacturer weathered the industrywide softness fairly well. What Happened: Tesla reported whole

General Motors (GM) & POSCO to Work on Quebec Ultium Battery Unit

03:46pm, Tuesday, 08'th Mar 2022 Zacks Investment Research
General Motors (GM) and POSCO collaborate with governments of Canada and Quebec for the setup of a new Ultium Battery Plant in Quebec to power the auto bigwig's major EVs.
The project is being undertaken as California’s state government pushes for greater adoption of EVs in a region prone to frequent power outages due to utility shutoffs from bad weather.
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