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.
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 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 looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery materials.
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.
General Motor Stock Higher on EV Battery Supply Deal
General Motors (GM) stock is higher today after inking an electric vehicle (EV) battery supply deal with Vianode
GM signs supply agreement with Norwegian synthetic graphite manufacturer
The "multibillion"-dollar deal, according to a news release, covers supply of synthetic anode graphite toward 2033.
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 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.
GM's bestselling EV in 2024 was a Honda
Over the course of 2024, Honda sold 33,017 Prologue EVs, while Chevy sold 23,115 of its own EVs in the same time frame.