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.

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,

Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S. or Canada.

General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery materials.

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.