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GM, Vianode and Synthetic Graphite
General Motors Signs Deal With Vianode to Secure Synthetic Graphite
GM signs an agreement with Norwegian battery supplier, Vianode, to secure synthetic graphite anode materials starting in 2027.
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, Vianode Strike Multi-Billion Anode Graphite Supply Deal: Details
Vianode has signed a multi-billion dollar agreement with General Motors to supply high-performance anode graphite for GM's electric vehicle production. This partnership, extending through 2033, aims to bolster the North American EV supply chain.
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 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.
General Motors inks key supply deal with Vianode
General Motors Company (NYSE:GM) announced on Wednesday that it inked a multi-year agreement with Norwegian company Vianode that will run from 2027 until 2033. The multi-billion dollar deal will see Vianode provide GM (NYSE:GM) with synthetic graphite anode materials for its electric vehicle batteries.
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on MSN
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 ...
3d
on MSN
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.
Future Market Insights
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Graphite Market Growth Driven by Industrial Applications and EV Revolution: Projected to Reach USD 46.18 Billion by 2033
Global graphite applications are expected to grow at an average annual rate of 6.5% from 2023 to 2033. During this period, ...
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