GM Secures Multi-Billion-Dollar Synthetic Graphite Deal for EV Batteries

The agreement with Norway's Vianode will establish a North American supply chain for a key EV battery material starting in 2027.

General Motors has signed a multi-billion-dollar agreement with Norwegian company Vianode to supply synthetic graphite for EV batteries from 2027 to 2033.
Synthetic graphite, the largest component by weight in lithium-ion batteries, will be used in GM's Ultium Cells joint venture with LG Energy Solution and potentially other projects.
Vianode plans to build a North American production facility, likely in Canada, with an annual capacity of up to 150,000 tonnes by 2030, pending site confirmation in the coming months.
The synthetic graphite will comply with the U.S. Inflation Reduction Act, enabling EV buyers to qualify for tax credits, and is produced with a 90% lower CO2 footprint compared to conventional methods.
The deal reflects efforts to reduce reliance on China's dominant graphite supply chain and strengthen North American EV battery production capabilities.