General Motors signed a multibillion-dollar deal with Norway’s Vianode for the delivery of a material critical for electric-vehicle batteries, the companies said Wednesday. Vianode will supply synthetic anode graphite that will be used in next-generation EV batteries produced by Ultium Cells,

General Motors and Vianode just solidified a multibillion-dollar deal that will push EV battery technology to new heights.

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.

The incoming Trump Administration’s approach to the Inflation Reduction Act (IRA) and tax policies is generating significant interest within the electric vehicle (EV) sector. Generally, reports indicate that some Republican politicians,

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.

The "multibillion"-dollar deal, according to a news release, covers supply of synthetic anode graphite toward 2033.