Battery manufacturer Northvolt nears the end as it files for bankruptcy in Sweden
Though the Swedish startup has raised over $14 billion, it has been running short on cash recently. © 2024 TechCrunch. All rights reserved. For personal use only.
Lyten buys battery manufacturing assets from beleaguered Northvolt
As part of the deal, Northvolt is selling manufacturing equipment the company inherited in its 2021 acquisition of Cuberg, another battery startup. Lyten will also assume the lease of Cuberg’s ...