Lyten has finalized its acquisition of Northvolt’s Swedish battery manufacturing operations. The deal includes the Northvolt Ett and Ett Expansion facilities in Skellefteå and Northvolt Labs in Västerås. Together, the assets bring 16 GWh of existing battery production capacity, more than 160 hectares of land, and Europe’s largest battery research and development center.
Highlights
- Lyten acquired Northvolt Ett and Northvolt Labs, gaining 16 GWh of manufacturing capacity and Europe’s largest battery R&D center.
- The company is forming the Lyten Industrial Hub in Skellefteå, co-locating battery production with AI data centers and clean hydropower infrastructure.
- EdgeConneX plans to acquire a data center site from Lyten with potential to scale to one gigawatt, among the largest in Europe.
- Lyten expects commercial cell sales from Northvolt Ett by the second half of 2026, initially supplying its BESS facility in Poland.
Lyten Industrial Hub Brings Data Centers and Battery Production Together
Lyten also announced the formation of the Lyten Industrial Hub at the Northvolt Ett site in Skellefteå. The hub will leverage infrastructure Northvolt originally built. It will also tap into abundant, clean hydropower to co-locate battery manufacturing alongside AI data centers and other industrial operations.
EdgeConneX, a global data center developer and EQT portfolio company, plans to acquire a data center site from Lyten at the Skellefteå location. The site could scale to a one-gigawatt campus. That would make it one of the largest data center facilities in Europe.
Lyten plans to integrate its own batteries and energy storage systems into the hub’s infrastructure. The company views the combination of energy storage and compute capacity as strategically important to both Sweden and the EU.
Production Restart and Customer Expansion Planned
Lyten said it will immediately begin restarting operations at both Northvolt Ett and Northvolt Labs. The Ett facility will produce lithium-ion NMC batteries for a broadened customer base. Target markets include:
- Battery energy storage systems (BESS)
- Automotive applications
- Diverse mobility sectors
The company expects commercial cell sales from Northvolt Ett to begin in the second half of 2026. Those cells will initially supply Lyten’s BESS manufacturing facility in Gdansk, Poland, known as Northvolt Dwa.
R&D Focus at Northvolt Labs
Northvolt Labs in Västerås will continue developing long-life lithium-ion NMC cells. Additionally, the facility will collaborate with Lyten’s Silicon Valley team. Their joint goal is to industrialize Lyten’s lithium-sulfur battery technology for gigascale manufacturing.
Matthias Arleth, CEO of Lyten Sweden, said the company has already proven it can produce consistent, high-quality cells in Skellefteå. He added that Västerås R&D will be central to delivering both high-performance NMC and next-generation lithium-sulfur batteries.
Major Hiring Push Underway
Lyten has been working closely with local unions on workforce planning. The company is launching rehiring programs at both the Skellefteå and Västerås sites. Based on expected customer demand, Lyten plans to hire more than 600 additional employees over the next 12 months. A rapid hiring pace is expected to continue beyond that initial period.
Broader Northvolt Asset Strategy Takes Shape
The Sweden acquisition is part of a larger effort to absorb Northvolt’s European footprint. In October, Lyten closed its acquisition of Northvolt’s BESS manufacturing facility in Gdansk, Poland. The company is also progressing the acquisition of Northvolt’s assets in Heide, Germany.
Key financial details of the overall Northvolt deal include:
- Manufacturing assets with a book value of $5 billion
- Equity investments from North American and European investors
- Capital from EdgeConneX’s investment in the Skellefteå data center site
Government and Municipal Support
Kristina Sundin Jonsson, Head of Administration for Skellefteå Municipality, welcomed the resumption of battery production. She noted the EU has identified batteries as a strategic product in its newly published battery strategy. The region’s resources, she said, position Sweden to play a significant role in building a resilient battery value chain.
Lars Herlitz, Lyten Chairman and Co-Founder, acknowledged support from the Skellefteå municipality, the Swedish government, the U.S. government, and the European Union. He emphasized the importance of creating quality jobs and economic growth in Sweden. Herlitz framed batteries as critical to securing energy independence across industries ranging from automotive and aerospace to data centers and grid resiliency.
About Lyten
Lyten, founded in 2015, specializes in lithium-sulfur batteries and advanced 3D Graphene materials. The company has received more than $625 million in equity investment. It has also secured letters of intent for $650 million in financing from the Export-Import Bank of the United States.
The company is privately held with more than 1,000 investors. Notable backers include Stellantis, FedEx, Honeywell, Prime Movers Lab, the European Investment Fund, and Luxembourg Future Fund. No single external investor holds more than 5% of company equity. All significant investors are based in North America and Europe.
Lyten lists more than 550 patents granted or pending. It currently manufactures domestically sourced lithium-sulfur batteries in San Jose, California, for drone, autonomous system, and defense customers. The company also operates Europe’s largest BESS manufacturing facility in Gdansk, Poland.
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