The American firm that could buy Northvolt Ett

Starting battery production in Skellefteå would align well with the plans of tech company Lyten. Yet, for now, they remain tight-lipped about their true interest.
– The Northvolt factory would have suited Lyten perfectly, says Lyten’s co-founder Lars Herlitz to the magazine Ny Teknik.

Northvolt's factory still awaits a buyer.

Northvolt's factory still awaits a buyer.

Foto: Adam Savonen

Engelska2025-07-16 09:00

Lyten, an American tech firm, has recently expanded into Sweden, operating as Lyten Sweden AB. The company is at the forefront of developing lithium-sulfur batteries, an innovative technology that replaces costly metals like cobalt and nickel (found in Northvolt’s NMC factory) with sulfur. Lyten also asserts that their batteries are more easily recyclable.

In a significant move, Lyten recently acquired Northvolt’s substantial battery factory in Gdansk, Poland, intending to restart energy storage system production there this summer, following a halt since late 2024. This follows their earlier purchase of Northvolt’s Californian research office, formerly run by Cuberg, a Northvolt subsidiary.

Lyten has publicly declared plans to boost its research and development efforts in Sweden. The company has explicitly shown interest in Northvolt’s shuttered Skellefteå factory, claiming only minimal adjustments would be needed to begin producing their lithium-sulfur batteries on site.

Lars Herlitz, co-founder and chair of the board at Lyten.
Lars Herlitz, co-founder and chair of the board at Lyten.

– The Northvolt factory would have suited Lyten perfectly, says Lars Herlitz to Ny Teknik.

Pushed on whether they are among those negotiating with Northvolt’s bankruptcy administrators, Lars Herlitz stated he could not comment at this juncture.

– But I can say that we are actively looking at buying several NMC gigafactories, both in North America and Europe, he tells Ny Teknik.

Lyten - the facts

Lyten was founded in 2015 in Silicon Valley. The founding team includes William Wraith III, Dan Cook, Lars Herlitz, and Scott Mobley, who came together to develop their proprietary 3D Graphene™ platform and pioneering lithium‑sulfur battery technology.

Stellantis Ventures, the corporate venture fund of the automotive giant Stellantis (owner of brands like Chrysler and Peugeot), is a key equity partner collaborating with Lyten on the crucial scale-up of their innovative EV battery technology. 

Lyten has also attracted a diverse range of other prominent investors. 

These include logistics leader FedEx, industrial conglomerate Honeywell, and construction giant Walbridge. Further backing comes from strategic financial entities such as the European Investment Fund and the Luxembourg Future Fund. 

Additionally, Lyten has received direct support from the U.S. government, including a $4 million grant from the U.S. Department of Energy and backing from the Defense Innovation Unit.