Sales of all types of electric vehicles rose more than 40% in China last year while those of gasoline-powered automobiles plunged.

China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.

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 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.