GM inks multi-billion-dollar deal for EV-battery materials
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 is bringing more EV battery material production to America. That should help push down EV costs in the long run.
The deal runs from 2027, when Vianode expects to begin producing synthetic graphite at a new North American plant, to 2033, ...
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