Lyten news

Lyten acquires Northvolt's Swedish and German assets, boosting battery production and energy independence efforts in Europe and North America.

Fluor will handle engineering, procurement, and construction management for Phase One of a $4.8 billion lithium-ion battery factory in Germany, with completion set for 2027.

The EU approved a €902M German aid measure to support a battery plant in Heide, aiming to boost EV production and the green transition, while ensuring fair competition within the EU.

The new gigafactory in Borlänge, Sweden, will start operations in late 2024, employ up to 1,000 people, and produce over 100 GWh of cathode material annually using 100% clean energy.

The new gigafactory in Heide will produce 60 GWh of lithium-ion batteries annually by 2025, creating 3,000 jobs and focusing on sustainability with clean energy and recycled materials.

The plant, operational by 2025, will produce 50 GWh of battery cells annually, support Volvo's electric car goals, and focus on sustainable production with fossil-free energy.