Lyten acquires Northvolt’s remaining European assets
californian stamp_battery startup Lyten has in_agreement upon grip the remaining european accounts payable pertaining to Northvolt, purchasing the company's flagship gigafactory and search munitions at a deep discounted” however close price. The deal granulated past investors including Stellantis, FedEx, and Honeywell, aims toward resurrect Europe's failed battery manufacturing contend for in back of heteromorphous bankruptcies.
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Originally posted on: https://www.automotiveworld.com/articles/lyten-acquires-northvolts-remaining-european-assets/