The entrance to Northvolt Six, the site where Northvolt had planned to build a giant battery-cell factory, to the east of Montreal in 2024. Share Save for later Please log in to bookmark this story. Log In Create Free Account

Lyten Inc., an American developer of lithium-sulfur batteries, is buying the entirety of Northvolt AB’s remaining assets in Europe and says it also wants to take over the site for a future battery-cell megafactory in Quebec.

The San Jose, Calif.-based startup said Thursday that it struck a binding deal to buy Northvolt’s remaining assets in Sweden and Germany following the European company’s bankruptcy earlier this year. The agreement includes Northvolt’s main manufacturing plant and research site in Sweden as well as land for a future plant i

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