Lyten, a lithium-sulfur battery maker based in San Jose, California, has officially completed its acquisition of Northvolt Ett and Ett Expansion in Skellefteå, Sweden, as well as Northvolt Labs in Västerås. The deal brings together 16 gigawatt-hours (GWh) of existing battery manufacturing capacity, more than 160 hectares (395 acres) of land, and the buildings and infrastructure to expand further. This acquisition solidifies Lyten's position as a major player in the European battery market.
The acquired assets include what Lyten claims is the largest and most advanced battery research and development center in Europe. This hub will serve as the foundation for Lyten's future growth, enabling the company to develop cutting-edge battery technologies and expand its product offerings.
Lyten plans to utilize its own batteries and energy storage systems as part of the hub's infrastructure. The company aims to create a seamless integration between its manufacturing operations, research and development, and data centers. This strategic approach will enable Lyten to optimize its production processes, reduce costs, and increase efficiency.
The acquisition also includes a planned data center investment by EdgeConneX, a global data center developer owned by EQT. This partnership will bring significant scalability and growth potential to the region, further solidifying Sweden's position as a hub for clean energy and industrial operations.
In Skellefteå, Ett will produce lithium-ion NMC battery cells for a broader range of customers, including battery energy storage systems (BESS), automotive, and other mobility markets. Lyten expects commercial cell sales from Ett to begin supplying Northvolt Dwa, its BESS manufacturing facility in Poland, in the second half of 2026.
Northvolt Labs in Västerås will continue developing long-life lithium-ion NMC cells. The lab will also work with Lyten's Silicon Valley team to industrialize Lyten's lithium-sulfur battery technology for gigascale manufacturing. This collaboration will drive innovation and advancement in the field of lithium-sulfur batteries.
The acquisition has been met with enthusiasm from local unions, with Lyten committing to launch a rehiring program in both Skellefteå and Västerås. The company plans to hire more than 600 additional employees over the next 12 months, with continued rapid hiring for the next couple of years.
Lyten CEO Dan Cook stated that the acquisition gives the company one of the largest battery manufacturing campuses in Europe, along with the largest battery R&D center on the continent. He emphasized that Lyten now has the infrastructure, talent, and technology to build a battery ecosystem across North America and Europe.
The acquisition is part of a larger deal, with Lyten also closing on Northvolt's BESS manufacturing facility in Gdansk, Poland, and progressing the acquisition of Northvolt's assets in Heide, Germany. The total value of the acquired assets stands at $5 billion.
Lyten chairman Lars Herlitz noted that batteries are now a critical part of securing energy independence and supporting the competitiveness of European industries ranging from automotive to aerospace to data centers to grid resiliency.
The acquisition gives Lyten a significant boost in its battery manufacturing capabilities, positioning it as a major player in the European market.
