GM signs an agreement with Norwegian battery supplier, Vianode, to secure synthetic graphite anode materials starting in 2027.

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

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.

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 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.