Lyten acquires Europe’s largest battery energy storage systems manufacturing operation from Northvolt

Lyten, the US-based supermaterial applications company and global leader in lithium-sulfur batteries, has acquired Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter battery energy storage systems (BESS) manufacturing and R&D facility, the company said in a press release.


Northvolt Dwa ESS is the largest BESS manufacturing facility in Europe and was part of Northvolt Systems. The financial terms of the acquisition are not being released by either party.

According to Lyten's press release, the Northvolt acquisition accelerates expansion of company's lithium-sulphur batteries into Europe and provides Lyten with production capacity to meet demand in the growing battery energy storage systems (BESS) market.

Lyten has previously announced its lithium-sulphur batteries are shipping

commercially for drones, launching onto the International Space Station, and selected by Chrysler, a Stellantis company, for its Halcyon Concept Electric Vehicle.

Lyten intends to immediately restart production in Gdansk to resume sales of BESS and is expanding its product line to include the world's first BESS powered by lithium-sulphur batteries.

As the company pointed out, this complements Lyten's previously announced acquisition of Northvolt's lithium metal cell manufacturing facility in Silicon Valley to scale its lithium-sulphur battery production.

"Northvolt's BESS manufacturing operations are truly world class and are a seamless strategic fit for Lyten as we launch an exciting new chapter for our company. We plan to immediately restart operations in Poland and deliver on existing and new customer orders," said Lyten's CEO & Co-Founder Dan Cook, quoted in the press release.

The CEO added that both the Port of Gdansk and local and federal officials have all been fully supportive as Lyten combines Silicon Valley technology with Polish engineering and operations talent.

"The message we are hearing clearly from European customers is that they want energy storage systems manufactured in Europe using locally sourced supply chains free of geopolitical risk. Gdansk, Poland is the perfect location to meet this need for Europe," Lyten's Chairman and Co-Founder Lars Herlitz pointed out.

BESS is the fastest growing segment of the battery market, as the technology is critical to meet AI data centre power demand, provide resiliency to the electricity grid in Europe and North America, and meet surging power demand in emerging markets.

In December, Lyten announced a USD 650 million letter of intent from the Export Import Bank of the US (EXIM) to expand battery manufacturing and commence delivery of BESS to Emerging Market nations.

The CEO of Northvolt Poland Robert Chryc-Gawrychowski pointed out that while Northvolt set out to lead the sustainable development of Europe’s battery industry, Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe,

which replaces minerals like nickel, cobalt, manganese, and graphite, with locally abundant battery materials.

"Moreover, it is important and exciting that the factory in Gdansk, built for the production of energy storage systems, will continue its operations," he added.

The President of Gdansk Aleksandra Dulkiewicz assessed that the planned investment is a confirmation of the growing competitiveness of Poland and specifically Gdansk on the global economic map.

"For Gdansk, Lyten's activities constitute an opportunity to cooperate in the field of energy storage, create energy innovation centres and advance R&D partnerships with local universities," she said.

In late 2024, Northvolt announced the intended sale of its Northvolt Systems business unit as part of its strategic review and bankruptcy procedures.

Scania, a Swedish commercial vehicle manufacturer, announced the purchase of the Industrial subset of the Northvolt Systems division in April 2025.

Lyten and Northvolt intend to close the transaction in the third quarter of 2025.

ao/

© Copyright
Wszelkie materiały (w szczególności depesze agencyjne, zdjęcia, grafiki, filmy) zamieszczone w niniejszym Portalu PAP Biznes chronione są przepisami ustawy z dnia 4 lutego 1994 r. o prawie autorskim i prawach pokrewnych oraz ustawy z dnia 27 lipca 2001 r. o ochronie baz danych. Materiały te mogą być wykorzystywane wyłącznie na postawie stosownych umów licencyjnych. Jakiekolwiek ich wykorzystywanie przez użytkowników Portalu, poza przewidzianymi przez przepisy prawa wyjątkami, w szczególności dozwolonym użytkiem osobistym, bez ważnej umowy licencyjnej jest zabronione.

Waluty

Waluta Kurs Zmiana
1 CHF 4,5540 0,10%
1 EUR 4,2500 0,20%
1 GBP 4,9390 -0,25%
100 JPY 2,5069 -0,20%
1 USD 3,5962 -0,59%