US EditionChallenges Ahead for Northvolt Buyer: 'This Will Cost a Lot of Money' - Radio Sweden
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16 Articles
They want to go into space and develop parts for the motorsport industry. Today the company struck on the remaining assets in Northvolt's Swedish factories. Here it is am
The battery company Northvolt went from a promising future industry to brutal bankruptcy. But now hope is rekindled – the American company Lyten is buying Northvolt. A deal worth around SEK 50 billion. – Today's announcement is very welcome, says Energy Minister Ebba Busch (KD).
Svenska Dagbladet
Lyten, an American battery company, is buying the remaining assets of Northvolt in Sweden and Germany, the company said in a press release. "A win for Sweden," says Minister of Energy and Enterprise Ebba Busch (KD).
The American company Lyten will acquire the remaining parts of Northvolt in Sweden. The company writes in a press release. "This is a defining moment for Lyten," says CEO Dan Cook.
Lyten, a Silicon Valley start-up, buys the bankrupt European Northvolt battery manufacturer, so our European champion will have a second chance, but under the American flag. The Batteries article: what was to become the European champion was bought by an American start-up appeared first on Automobile Clean.
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