Lyten Acquires Northvolt Sweden, Secures 16 GWh Capacity
U.S.-based battery innovator Lyten has officially completed its acquisition of key Swedish assets from Northvolt, marking one of the most significant battery industry consolidations in Europe this year. The deal includes Northvolt Ett and Ett Expansion in Skellefteå and Northvolt Labs in Västerås, adding 16 GWh of existing battery manufacturing capacity to Lyten’s portfolio — […]
As states push DER initiatives, $4,500 PG&E rebate leads the way
Rather than straining the grid, the batteries in EVs can actually help to stabilize the energy grid under heavy loads. PG&E gets that, and to encourage participation in its growing V2G programs, the utility is offering GM Energy customers in its territory up to $4,500 toward qualifying home battery systems. Billed as a glimpse into […]
CATL Launches Factory Construction In Spain
Support CleanTechnica’s work through a Substack subscription or on Stripe. CATL, the largest EV battery producer in the world (by far), is doing what some Chinese EV producers are doing — it’s launching production in Europe. With the European Union slapping tariffs on EVs manufactured in China earlier this year, Chinese EV producers are starting […]