GM to Acquire Synthetic Graphite from EV Battery Materials Supplier
1. GM signed a multi-billion deal with Vianode for synthetic anode graphite. 2. Synthetic anode graphite reduces carbon footprint by 90% compared to traditional processes. 3. Deal supports GM's sustainable battery supply chain in North America. 4. Graphite will supply GM's battery joint venture with LG Energy Solution. 5. GM shares rose 2% post-announcement, showing positive investor sentiment.