Lyten says auto deals will take time as it takes over Northvolt assets
Lyten says auto deals will take time as it takes over Northvolt assets is drawing significant interest across the industry.
Lyten will initially target markets such as energy storage and data centres as it will take time before it can supply automakers, the battery startup told Reuters on Friday, as it completed its purchase of bankrupt Northvolt's Swedish assets.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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