Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...

California startup Lyten is buying a Polish energy-storage factory from Northvolt AB in a bid to become a global leader with ...

Northvolt is continuing a strategic review of its business and could streamline further. But CEO Peter Carlsson says he still believes that the long-term outlook for the battery industry is promising.

Northvolt's bankruptcy trustee has received an indicative bid from a foreign party interested in the company's Swedish business. Northvolt, which declared bankruptcy in March, had aspired to rival ...

WARSAW (Reuters) -Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage ...

Northvolt, a major EV battery manufacturer, has laid off staff and cut back on investments due to declining demand for electric vehicles. The company aimed to compete with China, the leading ...

A Northvolt gigafactory in Sweden’s icy north made Europe’s first domestically produced lithium-ion battery in 2021. Credit: Northvolt. Northvolt’s operations in Sweden are now up for sale.

Northvolt has announced plans to develop a fully integrated lithium-ion battery gigafactory in Quebec, Canada. The The Northvolt Six facility, just outside of Montréal. will be similar to the ...

Following Northvolt's bankruptcy, former employees, many far from home, face uncertain futures. Michael Wray's non-profit association, Arctic Pivot Consulting, offers a lifeline, aiming to retain ...

Here's a look at what you need to know about Northvolt and how to potentially buy its stock ahead of its IPO. ... Its 4680 battery cell design could reduce production costs by more than 50%. BYD.

Production at the plant was slated to begin in 2026, but a strategic review being carried out by Swedish EV battery manufacturer Northvolt could result in a reassessment of the timetable, the ...

Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder ...