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Stock impact report

Bidirectional EVs And Bridging The Gap Between AC And DC [Forbes]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Forbes
Around 1880, the U.S. entered a fork in the road on how to broaden the use of electricity. Newspapers dubbed it " ," for it pitted the alternative current (AC) approach of George Westinghouse and Nikola Tesla against the direct current (DC) camp of Thomas Edison. It's a fascinating story, the net of which—spoiler alert—AC won as the best way to provide electricity at scale. An impressive display by Westinghouse/Tesla at the 1893 Chicago World's Fair led to an installation with the Niagara Falls Power Project, which sealed the deal for AC as the way to make electricity common. PROMOTED But this rivalry—or the distinction it created between the two forms of electricity—wasn't done. Yes, AC because its alternating magnitude allows utilities to efficiently push power to homes and businesses. But plucky DC carved out a niche serving batteries, computers and other gadgets that need a direct and calmer current. In the near term, we could see this 130-year divide come together to cre Show less Read more
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