The right of priority for re-employment also applies in cases of bankruptcy, according to IF Metall’s union lawyer, Ellinor ...

STOCKHOLM, Aug 7 (Reuters) - U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, ...

SAN JOSE, Calif. & STOCKHOLM & HEIDE, Germany, August 07, 2025--Lyten, the global leader in lithium-sulfur batteries, ...

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

Founded in 2015, Lyten started out in a shipping container in California, but has gained backing from Chrysler-parent ...

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

STORY: Many of Northvolt's creditors will lose a lot of money in the Swedish battery maker's bankruptcy.That’s according to a ...

Northvolt’s assets in Sweden and Germany have been sold to Lyten, a U.S. company. Regarding North America, Lyten has ...

Northvolt said that following initial steps taken as part of a strategic review, the company had revised its scope of operations in Sweden "to ensure that its resources are focused on accelerating ...

Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze.

This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...

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