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.

The "multibillion"-dollar deal, according to a news release, covers supply of synthetic anode graphite toward 2033.

The automaker struck a multi-billion dollar agreement to source low-carbon synthetic graphite for use by Ultium Cells in lithium-ion battery production.

General Motors and Vianode just solidified a multibillion-dollar deal that will push EV battery technology to new heights.

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.