Lyten Acquires Battery Manufacturing Assets from Northvolt Sweden
Lyten also acquired the Northvolt manufacturing facility in Poland last year
March 3, 2026
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Lyten, a lithium-sulfur battery developer, has completed the acquisition of energy storage solutions provider Northvolt’s battery business assets in Sweden, totaling nearly $5 billion in value, including Northvolt Ett and Ett Expansion (Skellefteå, Sweden) and Northvolt Labs (Västerås, Sweden).
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