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Lyten completes acquisition of former Northvolt battery assets in Sweden

The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery research and development center in Europe.
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MAN officially start truck and bus battery production in Nuremberg

In addition to the approximately 100 million euros already invested in the production facility that has now been launched, a further 150 million euros will be invested in the coming years to further develop expertise in the field of battery technology. In the current expansion stage, 50,000 battery ...

EV battery maker Northvolt files for bankruptcy in Sweden

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...
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