GM is laying off 1,750 employees and temporarily closing two battery plants as electric vehicle demand slows. The automaker’s strategic retreat reflects broader industry challenges facing the EV transition.
Energy technology company Gridmatic has launched its retail electricity services in Ohio, targeting the state’s expanding data center market. The company’s AI-powered platform aims to help commercial customers reduce energy costs through advanced forecasting and load optimization. This expansion marks Gridmatic’s entry into the PJM Interconnection, the largest wholesale electricity market in the United States.
Energy technology firm Gridmatic has expanded its operations into Ohio, according to recent reports, launching its Gridmatic Retail product in the state’s competitive electricity market. The company’s service will offer both standard and advanced energy contracts to commercial customers and individual consumers, with particular focus on data center companies and other clients with flexible energy loads.
Winsupply has launched Denton County Winwater in Ponder, Texas, marking another expansion in the company’s growing waterworks division. The new Local Company represents Winsupply’s hub-and-spoke growth model that has reportedly generated approximately 20 new locations over the past year. Industry analysts suggest this expansion aligns with the company’s ambitious 2025 growth targets.
Winsupply has reportedly expanded its Texas presence with the opening of Denton County Winwater in Ponder, Texas, according to recent company announcements. Sources indicate this represents the latest implementation of Winsupply’s “hub-and-spoke” growth model, where new Local Companies are incubated within existing markets to drive national expansion.
