News

Norran1d
Lyten make no promises – that's why they seem credible to me
Focus, execution, and determination. That was the battery CEO’s motto for what lies ahead. On Friday morning, August 8, a ...
Northvolt creditors to lose money in the bankruptcy, trustee says
STORY: Many of Northvolt's creditors will lose a lot of money in the Swedish battery maker's bankruptcy.That’s according to a ...
Northvolt ramped up production of quality batteries before halting operations, former COO says
Bankrupt Swedish battery maker Northvolt had stepped up production of high-quality battery cells at its Skellefteå plant before operations were halted, a former executive said on Friday, a major ...
Norran2d
Lyten CEO: "We have enough money to make this work"
American company Lyten has purchased the remains of Northvolt, including the battery factory in Skellefteå. In an interview ...
New Northvolt Owner Wants To Continue Expansion
US battery manufacturer Lyten, which this week announced it was acquiring all the remaining assets of Sweden's Northvolt, said Friday it would continue the expansion plans of its bankrupt rival.
The Local3d
KEY POINTS: What do we know about the rescue of Swedish battery company Northvolt?
The US battery startup Lyten on Thursday announced that it had agreed to buy the Skellefteå and Västerås factories of the ...
What can Northvolt’s failure teach us about Europe’s competitive future?
Just below the arctic circle, Northvolt’s flagship battery factory once stood as a beacon of Europe’s ambitions to power its future with clean energy. But following the company’s recent bankruptcy, ...