Lyten, an organization specialising in lithium-sulfur batteries and vitality storage, has acquired Northvolt Ett and Northvolt Labs in Sweden. The acquisition gives Lyten with 16 GWh of present battery manufacturing capability throughout 160 hectares of land.
The acquisition consists of superior infrastructure and buildings, in addition to a battery analysis and improvement centre. The acquisition helps Lyten’s growth within the European market.
As a part of its development, Lyten is establishing the Lyten Industrial Hub in Skellefteå on the Northvolt Ett web site. The hub will use present infrastructure, together with hydroelectric energy, to co-locate battery manufacturing, AI knowledge centres, and complementary industrial operations which might be necessary to each Sweden and the EU.
In a associated improvement, EdgeConneX plans to amass a knowledge centre web site from Lyten in Skellefteå. The location has the potential to scale right into a one-gigawatt knowledge centre campus, which might be among the many largest in Europe.
Following the acquisition, Lyten will restart operations at Northvolt Ett and Northvolt Labs. Northvolt Ett will produce lithium-ion NMC batteries for battery vitality storage programs, automotive purposes, and different mobility sectors. Gross sales of those cells are anticipated to produce Lyten’s BESS manufacturing facility in Poland by the second half of 2026.
At Northvolt Labs in Västerås, collaboration with Lyten’s Silicon Valley staff will deal with industrialising lithium-sulfur battery know-how for large-scale manufacturing.
To help these operations, Lyten will launch a rehiring programme in Skellefteå and Västerås. Primarily based on projected buyer demand, the corporate expects to make use of over 600 extra employees inside the subsequent 12 months, sustaining a continued hiring tempo within the following years.
The native municipality of Skellefteå famous the importance of resuming battery manufacturing, which aligns with the EU’s battery technique and contributes to Europe’s place within the sector.
