GM inks multi-billion-dollar deal for EV-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 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.
GM Lands Supply Deal for EV Battery Materials
The automaker struck a multi-billion dollar agreement to source low-carbon synthetic graphite for use by Ultium Cells in lithium-ion battery production.
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 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 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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