GM to Acquire Synthetic Graphite from EV Battery Materials Supplier
Key Takeaways GM reached a deal with EV battery materials company Vianode to supply the automaker with synthetic anode graphite.Anode graphite is the largest material by weight in lithium-ion batteries,
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 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.
Norway’s Vianode lands deal to supply synthetic graphite to General Motors for EVs, plans to build plant in North America
Vianode has not revealed the location of the North American plant, but there are strong signs it will be in Ontario
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, Vianode Strike Multi-Billion Anode Graphite Supply Deal: Details
Battery materials company Vianode has secured a deal with General Motors Company (NYSE:GM) to supply high-performance anode graphite solutions. The master supply agreement, which has a multi-billion value for Vianode,
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 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.
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