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California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker
Lyten, a Silicon Valley company, said Thursday that it would acquire all of the remaining Swedish and German assets of Northvolt, which filed for bankruptcy in March after spending billions of euros in an attempt to establish a European player in electric vehicle batteries.
American company Lyten has purchased the remains of Northvolt, including the battery factory in Skellefteå. In an interview ...
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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 ...
California-based start-up wants to revive plans for the gigafactory that has been in limbo since Northvolt filed for ...
Focus, execution, and determination. That was the battery CEO’s motto for what lies ahead. On Friday morning, August 8, a ...
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.
Many of Northvolt's creditors will lose a lot of money in the Swedish battery maker's bankruptcy, the process trustee said on Friday, adding the sale of the business to U.S. battery startup Lyten is a ...
The US battery startup Lyten on Thursday announced that it had agreed to buy the Skellefteå and Västerås factories of the ...
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, ...
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