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General Motors (GM) and ABB (ABB) showcased the latest results of their cooperation to re-use...

General Motors (GM) and ABB (ABB) showcased the latest results of their cooperation to re-use electric car batteries to provide back-up electrical power for homes today. The ABB-GM Volt battery system is the world's first use of car batteries as possible back-up power for homes and other commercial uses. The demonstration showed how the energy storage system was run in a "remote power back-up" mode where 100% of the power for the facility came from Volt batteries through ABB's Energy Storage Inverter system.
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Comments (2)
  • Donadog0
    , contributor
    Comments (35) | Send Message
     
    I have held ABB, a Swiss co., for years as a safe dividend play. Nice to know they could be a growth stock too....
    15 Nov 2012, 08:24 PM Reply Like
  • BrianBohemier
    , contributor
    Comments (5) | Send Message
     
    good I hope this joint project comes to fruition for the sake of further development of electric powered vehicles
    15 Nov 2012, 10:51 PM Reply Like
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