Stockholm, Aug 8, 2025 (AFP) - New Northvolt owner wants to continue expansion

NAMPA / AFP

2025-08-08

US battery manufacturer Lyten, which this week announced it was acquiring all the remaining assets of Sweden's Northvolt, said Friday it would continue the expansion plans of its bankrupt rival. Speaking at a press conference in the city of Skelleftea, home of Northvolt's main factory, Dan Cook, CEO of Lyten, said that it would immediately begin re-hiring staff. Cook said that the immediate goal was to restart production at the Northvolt Ett fact......

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