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,

GM has a new whole-home power bank that can compete directly with Tesla's Powerwall, but which one you choose will depend on what you drive.

It's added 50-state availability and two capacities for home storage, part of vehicle-to-home bundles set to turn EVs into massive power banks themselves.

The GM Energy PowerBank, which comes in in 10.6 kWh and 17.7 kWh battery capacity variants, can provide power to a home when there is an outage or help to offset higher electricity rates during peak demand. Customers can also store and use captured solar energy, supplement charging of EVs and provide power to a home without the presence of an EV.

U.S. automaker General Motors' subsidiary GM Energy on Thursday launched an energy storage product called the PowerBank to rival EV giant Tesla Inc's Powerwall product.

General Motors is launching a battery-powered home-energy storage system, placing the company in direct competition with Tesla. Why it matters: Stationary power storage can serve as an alternative to home generators and can provide a charge to electric vehicles when the electricity is out.

GM Energy announced it has expanded its portfolio of home energy management products with the PowerBank, a new modular