Overview

• Ministerpräsident Daniel Günther says initial meetings with the US company have been held and urges patience on next steps.
• Lyten has signed purchase agreements for Northvolt’s Swedish assets and a separate deal for German operations, with German units slated to be taken over solvent and operating.
• The Heide project is tied to significant public funding, including about €600 million via a KfW convertible loan and roughly €700 million in EU-approved grants that have not been disbursed.
• Germany’s Federal Audit Office faulted the Economics Ministry’s handling of Northvolt support, prompting renewed opposition demands for a parliamentary inquiry.
• Lyten focuses on lithium–sulfur batteries still at pilot scale, leaving commercial readiness and a full industrial ramp for Heide uncertain.