Lyten, an American company, has announced it hopes to purchase the Northvolt battery plant in Quebec.

This comes after the company shared Thursday it entered into a deal buy Northvolt's assets in Sweden and Germany.

The acquisition includes the Northvolt Ett, Ett Expansion, and Northvolt Labs facilities in Sweden, as well as Northvolt Drei in Germany. Lyten will also acquire all of Northvolt's remaining intellectual property. The value of the transaction has not been disclosed.

The San Jose, Calif.-based company now has its sights set on Quebec.

In its press release announcing the acquisition of the Swedish and German assets, it said it's "committed to pursuing the acquisition" of the Northvolt Six project in the Montérégie region.

The $7-billion factory is expected to be built betwee

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