U.S. Firm Takes Over $5B Worth of Northvolt’s European Battery Facilities

California-based Lyten has signed a binding agreement to acquire nearly all remaining assets of failed European…

Northvolt Bankruptcy Threatens Europe’s EV Battery Ambitions

Sweden’s ambitions to have a strong electric vehicle (EV) battery industry are overshadowed by the financial…

Northvolt Offloads U.S. Plant to Lyten Amid Financial Struggles

Swedish battery maker Northvolt sold its California plant to U.S. start-up Lyten, focusing on lithium-sulfur battery…

Northvolt Plans to Source Cobalt from Congo for EV Batteries

Swedish battery maker, Northvolt, said today it is looking to source cobalt, used to make chemicals…