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Car Companies Are Now Bundling EVs With Home Solar Panels.
Are Customers Going to Buy?
Hyundai is the latest automaker to sell electric vehicles alongside home energy products and services.
By Dan Gearino
December 1, 2022
Hyundai Home energy ecosystem products on a tiny home with a Hyundai IONIQ 5 electric vehicle being charged in Fountain Valley, California on Oct. 26, 2021. Credit: Hyundai
- It makes sense that someone buying an electric vehicle would also want to buy a charging system and get it installed. But how about solar panels, and home battery storage?
- Car manufacturers increasingly want to sell all of these products.
Hyundai recently announced the rollout of Hyundai Home, a service to help the company’s customers match up with installers of EV chargers, rooftop solar and battery storage.
In October, General Motors announced GM Energy, which sells a variety of products for homes and businesses, including solar panels.
Those are just two recent examples. In addition, Ford is more than a year into its partnership with Sunrun to sell EV charging, solar panels and other products to customers buying Ford EVs. And Tesla has been combining EVs and rooftop solar for years.
