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Lyten Expands European Battery Hub With Revolt Recycling Plant Acquisition

Lyten strengthens Europe’s EV battery supply chain by acquiring the Revolt recycling plant in Sweden, boosting sustainable battery production and reducing reliance on mined minerals.

Lyten to Acquire All Remaining Northvolt Assets in Sweden and Germany

The US-based lithium-sulfur batteries developer Lyten has entered into a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany.

Lyten Secures More than $200 Million in Investment to Fund Northvolt Deal

The US-based lithium-sulfur batteries developer Lyten has secured more than $200 million in additional equity investment. This brings total investment to date in Lyten to more than $625 million.

Lyten Acquires Battery Storage Systems Manufacturing Operation from Northvolt

Lyten announced the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter (270,000 sq ft) battery energy storage systems (BESS) manufacturing and R&D facility.

Scania buys Northvolt’s heavy industry battery packs unit

Scania today announced the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a research and development center, and a team of approximately 260 employees.

Northvolt files for bankruptcy in Sweden

Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy in Sweden.

Northvolt sells heavy industry battery-pack business to Scania

Northvolt Systems Industrial was established by Northvolt in 2018 and currently employs approximately 300 people in a battery systems prototyping facility located in Stockholm and Northvolt’s production facility in Gdańsk, Poland.

Volvo Cars takes full ownership of NOVO Energy

Northvolt files for Chapter 11 bankruptcy in the US