[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at the end of June if it fails ...

American battery maker Lyten's purchase of Northvolt has been characterised by delays. Now, bankruptcy trustee Mikael Kubu has told Dagens Industri ...

When Volkswagen walked away from Northvolt in late August 2024, it delivered what Northvolt's bankruptcy administrator Mikael Kubu describes as a ...

Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily on the battery maker.

Northvolt's operations in Sweden are in danger of winding down as the battery maker navigates bankruptcy. The company has been seeking to stem its cashflow over the past year by closing some units, ...

[Stay on top of transportation news: Get TTNews in your inbox.] Lyten Inc., a California startup that develops lithium-sulfur batteries, has agreed to acquire all of the remaining European assets of ...

STOCKHOLM (Reuters) -Silicon Valley startup Lyten will need to convince carmakers it can succeed where bankrupt Swedish EV battery maker Northvolt failed - creating a European champion to reduce the ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Quebec Economy and Innovation Minister Christine Frechette responds to the Opposition during question period at the legislature in ...

Just below the arctic circle, Northvolt’s flagship battery factory once stood as a beacon of Europe’s ambitions to power its future with clean energy. But following the company’s recent bankruptcy, ...

The Swedish advanced EV battery maker Northvolt—once lauded as the best-funded start-up in the European Union (EU)—was purchased by Lyten, an American battery company, in early August. The takeover ...

WARSAW (Reuters) -Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage systems factory, in a move to expand its product line, the U.S. company ...