GM has signed a new multi-billion dollar deal with Vianode to provide the automaker with graphite anode materials for use in General Motors' electric vehicles.

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,

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.