Lyten Probably Takes over Northvolt Land for 60 Million Euros

Spiegel

Lean Left

Factuality

Ownership

With ample state funding, the Swedish company Northvolt wanted to build a huge battery cell factory in Schleswig-Holstein. After the bankruptcy, the start-up Lyten now takes over the remains – for a fraction of the money invested.

ndr.de

Factuality

Ownership

Originally Northvolt had announced to build a battery factory at Heide. Then the parent company went intosolvent. Lyten reported interest. Apparently there is now an agreement on the acquisition price.

Hamburger Abendblatt

Factuality

Ownership

The company wants to build a battery cell factory on the former Northvolt site. How the new concept will affect the labour market.

shz

Heise

View article

Reposted by

Heise

Factuality

Ownership

Lyten plans to build a battery cell factory on the former Northvolt site. A price of around 60 million euros was probably agreed for the acquisition.