Tag: US EXIM

Lyten to acquire remaining Northvolt assets in Sweden and Germany

Posted by Kevin Jost | Aug 7, 2025 | Batteries, Business Development, Infrastructure, Startups

The San Jose, CA-based lithium-sulfur battery innovator announced it will add to its previous Northvolt acquisitions with the Ett, Labs, and Drei facilities, and all remaining Northvolt intellectual property, the newly acquired assets developed with over $5 billion in capital investment.

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Lyten gets $650 million in US EXIM letters of interest to fund lithium-sulfur battery expansion

Posted by Kevin Jost | Dec 18, 2024 | Batteries, Business Development, Electrification, Startups

Multiple letters of interest from the Export-Import Bank of the United States could lead to financing the scaling of Lyten’s Nevada and California (formerly Northvolt) factories to fulfill growing near-term customer demand in energy storage, micromobility, and space markets.

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