GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials

“GM signed a multibillion-dollar deal with Norway’s Vianode for the delivery of a material critical for electric-vehicle batteries, the companies said Wednesday.Vianode will supply synthetic anode graphite that will be used in next-generation EV batteries produced by Ultium Cells, GM’s battery joint venture with LG Energy Solution. The Norwegian company will build production facilities in North America and be ready to start shipping the material from 2027, with the deal running through 2033. The companies didn’t provide further financial details.”