Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, "Northvolt set out to lead the sustainable development of Europe's battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which replaces minerals like nickel, cobalt, manganese, and graphite, with locally abundant battery materials. Moreover, it is important and exciting that the factory in Gdansk, built for the production of energy storage systems, will continue its operations."
When the company that built an empire on lithium starts looking elsewhere, you know something big is happening.