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

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, the companies said Wednesday.
GM to Acquire Synthetic Graphite from EV Battery Materials Supplier
General Motors has reached an agreement with battery materials producer Vianode that will develop and supply synthetic anode graphite for the automaker’s battery manufacturing.
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 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.
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 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.
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.”
TopSpeed1y
Everything We Know About GM’s Ultium Battery Technology
GM's Ultium battery technology ... Audi's recent EV partnership with Chinese manufacturing brand, SAIC, has been turning heads. Here's what makes this deal so interesting. Honda may become ...
Green Car Reports17d
GM working on mixed-chemistry EV battery packs
In a recently filed patent, GM thinks through how it would charge—and divide—an EV battery pack that mixes multiple battery ...
Detroit News26d
State paid GM, Ultium $600M in tax incentives before jobs were created or plants completed
The then Republican-led House and Senate appropriations committees signed off in 2022 on $666 million in incentives for an electric vehicle battery ... which makes GM and Ultium’s collection ...
TopSpeed1mon
Here's Why GM Sold Its Stake In One Of Four Battery Plants
If you want the most efficient Ultium-based EV from General Motors, it also happens to be one of the most affordable EVs of 2024. GM has been making a lot of changes to its battery technology ...
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.
Stocktwits on MSN13h
GM's Stock Eyes 3rd Day of Gains After Deal With Norwegian EV Battery Material Supplier: Retail Stays Bullish
Shares of General Motors Co. rose more than 2% on Wednesday afternoon, on track to mark a third consecutive session of gains ...