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.

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 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,

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,