GM signs multi-billion anode graphite supply agreement with Vianode
The synthetic anode graphite will be used by Ultium Cells LLC, GM's JV with LG Energy Solution, to produce next-generation EV batteries and drive units.
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 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 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 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 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 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 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.
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General Motors (GM) Gains But Lags Market: What You Should Know
The latest trading session saw General Motors (GM) ending at $51.70, denoting a +1.49% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.83%.