Lyten's European Gamble: Can It Beat China?

Can Lyten succeed where Northvolt failed? The Silicon Valley startup is making a high-stakes bet on European EV battery production by acquiring Northvolt's assets. Lyten aims to challenge China's dominance with its advanced lithium-sulfur batteries, promising lighter, cheaper, and less China-reliant power sources. But with cautious investors, skeptical carmakers like Volkswagen and BMW, and the need for massive scaling, Lyten faces a steep uphill battle. Will Stellantis' backing and potential European grants be enough to fuel Lyten's 2028 large-scale production goal and reshape Europe's EV future? Hosted on Acast. See acast.com/privacy for more information.