GM's Stock Eyes 3rd Day of Gains After Deal With Norwegian EV Battery Material Supplier: Retail Stays Bullish
Shares of General Motors Co. rose more than 2% on Wednesday afternoon, on track to mark a third consecutive session of gains as investors reacted positively to the company's latest partnership to strengthen its electric vehicle supply chain.
General Motor Stock Higher on EV Battery Supply Deal
General Motors (GM) stock is higher today after inking an electric vehicle (EV) battery supply deal with Vianode
GM signs supply deal with Vianode for synthetic graphite for EV 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 Signs Deal With Vianode to Secure Synthetic Graphite
General Motors Company GM has entered into a multimillion-dollar agreement with Norwegian battery supplier, Vianode, to secure synthetic graphite anode materials starting in 2027. The deal is set to run through 2033 once Vianode establishes production facilities in North America.
General Motors inks key supply deal with Vianode
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.
GM, Vianode Strike Multi-Billion Anode Graphite Supply Deal: Details
Battery materials company Vianode has secured a deal with General Motors Company (NYSE:GM) to supply high-performance anode graphite solutions. The master supply agreement, which has a multi-billion value for Vianode,
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GM inks multi-billion-dollar deal for EV-battery materials as battery economics shift
The agreement “covers development of large-scale manufacturing capacity and supply of synthetic anode graphite towards 2033.” ...