Tag: lithium-ion battery
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4...
Lyten buys battery manufacturing assets from beleaguered Northvolt
Lyten, a Silicon Valley battery startup, announced today that it’s acquiring manufacturing assets from Northvolt, a Swedish battery manufacturer that’s facing a cash...