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

After selling its first battery cells in 2022, Northvolt’s losses tripled in 2023 to $1.03 billion. The company tried to woo investors that year with plans for a stock-market listing at a $20 ...

The US battery developer Lyten is acquiring Northvolt's subsidiary Northvolt Dwa ESS in Gdansk, Poland, a 25,000 square metre ...

Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

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 ...

The Swedish battery maker Northvolt, once seen as Europe’s strongest competitor to Chinese battery manufacturers, filed for bankruptcy protection in the United States on Thursday. The company ...

A couple of short years ago, Northvolt was on a factory building spree with battery orders from several major automakers, including truck maker Scania. Now, the company's assets are being ...

Sean Stephenson started as project manager at Northvolt in Skellefteå as early as 2019 but ended up as a senior director of technology. Foto: Magnus Lindkvist He is originally from the UK but moved to ...

The factory is located in Gdansk and will manufacture conventional battery energy storage systems as well as those based on ...

The EV battery firm, backed by Renault and other major investors, warns that support for European firms must remain steadfast ...

US startup Lyten will take full control of Northvolt Dwa ESS, Europe’s largest energy storage systems plant, aiming to expand ...

Lyten, the supermaterial applications company and global leader in lithium-sulfur batteries, announced today the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter ...