The young Californian company Lyten, who bought two factories from the Swedish battery manufacturer Northvolt, has just dismantled around forty employees.
It’s the techno media The Information who reported the news, which was then taken up by the Swedish newspaper Norran.
Lyten had to slash expenses due to the operating costs of his factory in Gdańsk, Poland, still according to the media.
$ 7 g factory
In Quebec, the $ 7 billion of the duo formed by Prime Minister François Legault and his ex-economic minister, Pierre Fitzgibbon, is at stake.
What was to be “the biggest private investment in the recent history of Quebec”, in the very words of François Legault, “turned badly,” he admits today.
Prime Minister François Legault, during the announcement, in September 2023, of the construction of a mega-from Northvolt in Saint-Basile-le-Grand and McMasterville.
Photo Pierre-Paul Poulin
In recent weeks, the purchase of two Northvolt factories by Lyten had rekindled the hope of seeing a group interested in the Quebec project located in Saint-Basile-le-Grand and McMasterville.
Quebec has already lost $ 270 million in the Mother House of Northvolt, but has a legal mortgage in the field and thinks that it is worth more than the $ 240 million paid.
Last April, the Ministry of the Economy did not want to provide the Journal Documents on the various risks linked to the sector over the past three years.
At the beginning of July, The newspaper Reported that Quebec engulfed $ 13.3 million in public funds in a temporary access path for the Northvolt battery plant which may never see the light of day.
A railway near the Northvolt field.
Photo Francis character
