Takeover of subsidy grab: Lyten wants to pay around 60 million euros for Northvolt remnants near Heide.
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Takeover of subsidy grab: Lyten wants to pay around 60 million euros for Northvolt remnants near Heide. With plenty of state funding, the Swedish company Northvolt wanted to build a huge battery cell factory in Schleswig-Holstein. After the bankruptcy, the start-up Lyten is now taking over the remnants - for a fraction of the money invested. 06/20/2026, 07:27 a.m.
