US battery specialist Lyten has signed an exclusive memorandum of understanding (MoU) to advance the acquisition of the Northvolt Drei battery gigafactory site near Heide, Germany, previously developed by bankrupt Swedish battery maker Northvolt.

German Economy Minister Katherina Reiche is reportedly accelerating Lyten’s takeover of the remaining Northvolt project in Heide. As an interim measure, she

Kiel (dpa) - Nach der Pleite des schwedischen Batterieherstellers Northvolt kommt die Übernahme der deutschen Baustelle bei Heide in Schleswig-Holstein durch das US-Unternehmen…