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Lyten, a tiny California battery startup, turned heads by snapping up assets from one of the industry’s most high-profile ...
Unemployment has surged following Northvolt’s bankruptcy, leaving more than 3,000 residents without jobs. At the same time, ...
Starting battery production in Skellefteå would align well with the plans of tech company Lyten. Yet, for now, they remain ...
The bankruptcy estate of troubled battery manufacturer Northvolt has now received multiple binding bids in its search for a new owner, Swedish Radio News ...
In March, Northvolt had filed for bankruptcy in Sweden as well, citing sudden shifts in demand, rising capital costs, production challenges, and geopolitical instability, among other factors.
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Stream Los Angeles News for free, 24/7 ...
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By Nina Kienle Battery maker Northvolt plans to wind down and eventually cease production at its last remaining factory site in northern Sweden as it looks for a buyer, its bankruptcy trustee said.
The EV battery firm, backed by Renault and other major investors, warns that support for European firms must remain steadfast — despite the collapse of Sweden’s Northvolt.
Lyten buys Northvolt's Gdansk, Poland, battery plant at bankruptcy auction, with energy storage production in mind. Lithium-sulfur battery technology is Lyten's specialty, with this battery type ...
– Northvolt’s shadow – It is now targeting to turn on the mills in the second half of 2026, with an initial capacity of 2.5 million tonnes of steel per year, which they hope to eventually ...