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95 Lyten completes $5 billion Northvolt Sweden acquisition, targets battery sales in H2 2026

Firstpost Tech
Dheeraj Kumar @ Firstpost Tech 2 place · today 06:51 EDT

Lyten completes $5 billion Northvolt Sweden acquisition, targets battery sales in H2 2026

US battery maker Lyten has completed its nearly $5 billion acquisition of bankrupt Swedish firm Northvolt’s key assets, including 16 GWh of capacity and Europe’s largest battery R&D centre, with commercial sales targeted for the second half of 2026

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