General Motors (GM) stock is higher today after inking an electric vehicle (EV) battery supply deal with Vianode

The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries, the companies said Wednesday.

Ford has a licensing agreement to manufacture electric vehicle batteries with technology from a Chinese company that's under scrutiny at the Pentagon.

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 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.