Northvolt's Battery Factory Operations Set for Immediate Restart
Northvolt's battery factory restarts as new American owner Lyten takes charge.
Key Points
- • Northvolt's factory will restart operations immediately under new ownership.
- • The American company Lyten is now in charge of the battery manufacturing.
- • This move aims to address increasing demand for battery solutions in the automotive sector.
- • The reboot marks a crucial step in maintaining Sweden's position in the battery production landscape.
Northvolt's battery factory will immediately resume operations following its acquisition by the American company Lyten. This announcement was made on August 8, 2025, and marks a significant turnaround for the production facility that had previously faced uncertainty under Northvolt's leadership. Lyten, known for its advanced lithium-sulfur battery technology, is focusing on revitalizing operations to meet growing demand for electric vehicle batteries and other energy storage solutions.