Battery maker Northvolt filed for bankruptcy in March after it failed to secure the financial backing needed to continue ...

A European battery factory that became one of the most notorious climate tech setbacks of the last year is getting a new ...

Lyten is buying Northvolt’s battery factories, tech, and IP in Sweden and Germany to expand lithium-sulfur production in ...

Lyten, a Silicon Valley company, said Thursday that it would acquire all of the remaining Swedish and German assets of ...

U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, ...

Last week it was announced that California-based company Lyten is taking over Northvolt. Lyten is a start-up that ...

Deal rekindles hopes for Northvolt Six project, which was halted when the company filed for bankruptcy in March ...

Lyten’s Lithium-Sulfur battery cells feature high energy density, which will enable an up to 40% lighter weight than lithium-ion and 60% lighter weight than lithium iron phosphate (LFP) batteries.

Ratnakumar Bugga, Senior Fellow at Lyten with 34 years of space battery R&D experience added, “Lithium-sulfur battery technology development was originally funded by NASA to extend Astronaut’s ...

In December 2024, Lyten and the Export Import Bank of the US announced a $650M LOI to fund the scale up and delivery of Lyten Lithium-Sulfur for battery energy storage systems.

Lyten expects to break ground within a year’s time and begin battery production in mid-2027. “It’s aggressive, but not impossible, because it’s not that big of a cell factory compared to the ...