Expert on Northvolt sale: "Doesn’t seem all that easy"

7 aug. 2025
22:07
US battery manufacturer Lyten has announced plans to acquire the bankrupt Swedish company Northvolt.
But will they succeed in running the company?
Impact Loop spoke with two leading industry experts.
"For me, this doesn’t seem all that easy," says Volta Trucks and Decade founder Carl-Magnus Norden.
But will they succeed in running the company?
Impact Loop spoke with two leading industry experts.
"For me, this doesn’t seem all that easy," says Volta Trucks and Decade founder Carl-Magnus Norden.
On Thursday afternoon, it was confirmed that US battery company Lyten will acquire Northvolt’s factories in Skellefteå and Västerås, as well as its planned site in Heide, Germany.
This follows more than a year of turmoil for the company, including bankruptcy and the sale of its assets – initially looking bleak, but later attracting multiple bidders.