Lyten, a Silicon Valley-based startup developing lithium-sulfur batteries, appointed former Northvolt COO Matthias Arleth as CEO of Lyten Sweden. The company also recruited other former Northvolt executives. Lyten’s acquisition of Northvolt’s assets offers hope for future European EV battery production. The new leadership team brings experience and knowledge of Northvolt’s operations.

Read more at Yahoo Finance: Lyten brings back Northvolt executives following asset acquisition