GM inks multi-billion-dollar deal for EV-battery materials

GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S. or Canada.
GM and Vianode secure multibillion-dollar deal for next-gen EV battery tech
General Motors and Vianode just solidified a multibillion-dollar deal that will push EV battery technology to new heights.
GM signs supply deal with Vianode for synthetic graphite for EV batteries
General Motors has signed a multi-year, multi-billion dollar agreement for Norway's Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday.
GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.
GM sidesteps China with synthetic graphite for EV batteries from US
The deal runs from 2027, when Vianode expects to begin producing synthetic graphite at a new North American plant, to 2033, according the companies. The material will be used in battery cells manufactured by the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution.
Vianode Signs With GM To Supply Long-term EV Battery Grade Anode Graphite
Vianode, an advanced battery materials company, Wednesday announced the signing of a long-term, multi-billion dollar supply agreement
GM inks multi-billion-dollar deal for EV-battery materials as battery economics shift
The agreement “covers development of large-scale manufacturing capacity and supply of synthetic anode graphite towards 2033.”
GM to Acquire Synthetic Graphite from EV Battery Materials Supplier
Key Takeaways GM reached a deal with EV battery materials company Vianode to supply the automaker with synthetic anode graphite.Anode graphite is the largest material by weight in lithium-ion batteries,
GM Invests In EV Batteries. Lower Costs Are Key for Buyers.
GM is bringing more EV battery material production to America. That should help push down EV costs in the long run.
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