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 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 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.

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