Northvolt assets in Sweden and Germany acquired by Lyten
Lyten has entered a binding agreement to acquire Northvolt's remaining assets including facilities and intellectual property in Sweden and Germany to accelerate battery production.
See the latest news and media coverage for Northvolt. We track all announcements, press releases, and industry mentions in real time, all in one place.
Sustainable battery manufacturer
northvolt.comLast updated
In short: Northvolt collapsed into Sweden's largest industrial bankruptcy, leading to the acquisition of its primary assets by U.S. startup Lyten.
Lyten has entered a binding agreement to acquire Northvolt's remaining assets including facilities and intellectual property in Sweden and Germany to accelerate battery production.
Beredskapslyftet launched an initiative to help Northvolt employees, especially third-country nationals, find new jobs after the company's bankruptcy. Several organizations support this effort.
The company faces financial and operational challenges and has initiated bankruptcy proceedings while seeking financing and partners.
These high-performance cells were produced at the Northvolt Ett gigafactory in Skellefteå, Sweden. The milestone highlights their ramped-up production capacity and impact on vehicles.
Dispute over Northvolt: SPD and FDP demand personnel consequences. An Insa survey commissioned by the FDP sees the citizens on their side.
Northvolt's creditors will get to share billions. But suppliers are likely to only get back a fraction of their claims. "The debt side is enormous," says...
Ekdal's Perspective has quickly become one of the most watched programs with us. Over 700,000 people have seen the conversations where Sweden's most...
Largely unnoticed, Economics Minister Reiche had the German Northvolt project company nationalized. Now the remnants are to go quickly to a US startup. Is there hidden funding involved?
Track Northvolt and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Northvolt and other trending companies.