Lyten has finalized its acquisition of Northvolt Ett and Ett Expansion in Skellefteå, Sweden, along with Northvolt Labs in Västerås, marking the company’s first Lyten Industrial Hub in the country. The deal adds 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land with buildings and infrastructure, and Europe’s largest battery research and development center to Lyten’s portfolio.
Located at the former Northvolt Ett site, the new industrial hub will harness local clean hydro power to co-locate battery cell production, AI data centers and complementary industrial operations. Lyten will integrate its lithium-sulfur batteries and energy storage systems into the hub’s infrastructure. EdgeConneX, a global data center developer, plans to acquire a site within the hub that could ultimately scale to a one-gigawatt data center campus, potentially one of the largest in Europe.
Lyten has commenced the restart of production lines at Northvolt Ett and Northvolt Labs. In Skellefteå, the facility will manufacture lithium-ion NMC cells for battery energy storage systems, automotive and mobility markets. Cells from this site are slated to supply Lyten’s BESS manufacturing center in Gdansk, Poland, in the second half of 2026. Northvolt Labs in Västerås will continue developing long-life NMC technology and work with Lyten’s Silicon Valley team to prepare lithium-sulfur cells for gigascale production.
The company has launched a rehiring program in Skellefteå and Västerås, targeting more than 600 new roles over the next 12 months and sustaining a rapid hiring pace thereafter. Dan Cook, Lyten’s CEO and co-founder, noted that the acquisition positions Lyten with one of Europe’s largest battery manufacturing campuses and the continent’s leading battery R&D center, underpinned by local supply chains and talent.
Matthias Arleth, CEO of Lyten Sweden, added that production will ramp up one line at a time, leveraging proven high-quality cell output in Skellefteå and Västerås’s research capabilities to meet current and future market demand for NMC and next-generation lithium-sulfur batteries.
In recent months, Lyten has also completed the purchase of Northvolt’s Gdansk BESS facility and is progressing on Northvolt assets in Heide, Germany. The full acquisition, with manufacturing assets valued at $5 billion, is financed through equity investments from North American and European backers, along with capital tied to the EdgeConneX data center investment.
Source: Business Wire
