Lyten acquires Northvolt Sweden, launches industrial hub in Skellefteå, boosting battery manufacturing, R&D, and strategic energy infrastructure across Europe.
Lyten, a global leader in lithium-sulfur battery technology and energy storage solutions, has officially completed the acquisition of Northvolt’s Swedish operations, including Northvolt Ett and Ett Expansion in Skellefteå, as well as Northvolt Labs in Västerås. The acquisition brings to Lyten 16 GWh of existing battery production capacity, over 160 hectares of land, comprehensive infrastructure, and Europe’s largest and most advanced battery research and development center. This move significantly strengthens Lyten’s manufacturing footprint and research capabilities across Europe.
Alongside the acquisition, Lyten announced the establishment of its first Lyten Industrial Hub at the Northvolt Ett site in Skellefteå. The hub will leverage Northvolt’s existing infrastructure and the region’s abundant clean hydropower to integrate battery manufacturing with AI-driven data centers and strategically important industrial operations. Lyten plans to incorporate its advanced lithium-sulfur batteries and energy storage systems directly into the hub’s infrastructure. Notably, EdgeConneX, a global data center developer and EQT portfolio company, intends to acquire a data center site from Lyten in Skellefteå, with the potential to develop a one-gigawatt campus, poised to become one of Europe’s largest data center facilities.
Dan Cook, CEO and Co-Founder of Lyten, emphasized the strategic importance of the acquisition: “This transaction positions Lyten with one of Europe’s largest battery manufacturing campuses and the continent’s premier battery R&D center. We now have the infrastructure, talent, and technology to develop a robust battery ecosystem across North America and Europe, supported by local supply chains, to meet the growing global demand for distributed electricity infrastructure.”
Lyten is immediately initiating the restart of Northvolt Ett and Northvolt Labs operations. Northvolt Ett will produce lithium-ion NMC batteries, targeting applications across battery energy storage systems (BESS), automotive, and mobility markets. Lyten expects to begin commercial sales of cells from Northvolt Ett to support its BESS manufacturing facility in Northvolt Dwa, Poland, during the second half of 2026.
Northvolt Labs in Västerås will continue its work on long-life lithium-ion NMC cells and collaborate with Lyten’s Silicon Valley team to industrialize lithium-sulfur battery technology for large-scale manufacturing. The company is engaging with local unions and launching a rehiring program, anticipating more than 600 new employees in the next 12 months, with continued recruitment over subsequent years to meet increasing demand.
Matthias Arleth, CEO of Lyten Sweden, highlighted the production ramp-up: “We are restarting production one line at a time in Skellefteå, producing high-quality battery cells that meet current customer requirements. Research in Västerås will enable future-ready, high-performance NMC and next-generation lithium-sulfur batteries.”
Kristina Sundin Jonsson, Head of Administration at Skellefteå Municipality, welcomed the development: “Battery production resuming in Skellefteå strengthens Sweden’s position in the EU battery strategy, supporting a resilient value chain, research, and talent growth.”
Earlier, Lyten completed the acquisition of Northvolt’s BESS facility in Gdansk, Poland, and is progressing the purchase of assets in Heide, Germany. The full Northvolt acquisition represents $5 billion in manufacturing assets, funded through equity investments from North American and European investors, as well as EdgeConneX’s data center investment.
Lars Herlitz, Chairman and Co-Founder of Lyten, emphasized the broader impact: “This acquisition will create high-quality jobs and economic growth in Sweden. Batteries are critical for energy independence and European industrial competitiveness, from automotive to aerospace, data centers, and grid resiliency. We are merging Silicon Valley innovation with Swedish engineering excellence to make this venture a success.”
