Battery Production

US battery company Lyten has entered into a binding agreement to acquire the remaining Northvolt assets in Sweden and Germany. These include the Northvolt Ett and Ett Expansion plants in Skellefteå, the Northvolt Labs facility in Västerås, and the Northvolt Drei plant in Heide. In addition to the physical locations, the transaction includes Northvolt’s remaining intellectual property. Financial details have not been disclosed. However, Lyten estimates the value of the acquired assets at approximately $5 billion USD. The acquisition will be financed entirely through equity. Lyten reports that the production capacity of the acquired sites is 16 GWh, with an additional 15 GWh under construction. Once the transaction is complete, Lyten plans to resume operations in Skellefteå and Västerås as soon as possible. Most of the previously laid-off workers will be rehired. Northvolt Drei in Heide to be Completed In Heide, Lyten is working with the authorities and Northvolt to continue the program to build the battery factory. The company plans to open the plant in Schleswig-Holstein with an initial capacity of 15 GWh. Originally, Northvolt’s plans entailed a final expansion stage with a capacity of 60 gigawatt hours. The entire transaction is still subject to regulatory approvals in Sweden, Germany, and by European authorities. Completion of the deal is expected in the fourth quarter of 2025. Purchase Plans for Canada Lyten also plans to acquire the Northvolt Six site in Quebec. The plant, with a planned capacity of 15 GWh, is currently under construction. According to the company, discussions are underway with Canadian authorities and partners.  Lyten has previously acquired Northvolt facilities in Poland and the United States, including a battery energy storage system manufacturing plant in Gdańsk, Poland, and a battery production facility in California. Source:https://lyten.com/2025/08/07/lyten-to-acquire-all-remaining-northvolt-assets-in-sweden-and-germany/

US lithium-sulfur battery manufacturer Lyten has raised over US$200 million in additional equity capital. The funds will primarily finance the company’s expansion and acquisition strategy in Europe and the US. According to the company, the majority of these funds come from existing investors. Lyten reports that the total equity raised now amounts to over $625 million. As part of its expansion strategy, Lyten revealed in July it would acquire the Northvolt Dwa BESS production facility in Poland. Now, the company is acquiring Northvolt Systems’ energy storage product portfolio. This also involves integrating key members of the local development team. Last year, Lyten had already acquired Northvolt’s subsidiary Cuberg’s battery production business in California. Production in Gdańsk to Begin at End of 2025 With access to Northvolt’s products, such as Voltpack Mobile Systems and Voltrack, Lyten is expanding its range of stationary battery storage solutions. According to Lyten, the company intends to resume production in Gdansk immediately after the transaction with Northvolt Dwa is finalized. The first deliveries are scheduled for the fourth quarter of 2025. Initially, the target markets are existing customers in Europe, followed by global applications in data centers, industry, and grid operations. Source:https://lyten.com/2025/07/28/lyten-secures-more-than-200-million-in-investment-to-support-its-ongoing-acquisition-strategy/

Tesla has signed a 4.3 billion-dollar supply contract with LG Energy Solution concerning lithium iron phosphate batteries for Tesla’s stationary energy storage systems from 2027.

Chinese battery manufacturer Farasis Energy has begun pilot production of sulfide-based solid-state batteries. The company plans to deliver the first sample cells, with a capacity of 60 Ah, to strategic partners. Farasis Energy plans to establish a small-scale production line with an annual capacity of 200 megawatt hours by the end of 2025. Full industrialization at the gigawatt-hour level is scheduled for 2026. The cell format currently being tested combines a high-nickel cathode with silicon or lithium metal anodes using a stacking process in pouch cell design. Ultimately, the goal is to achieve an energy density of over 400 Wh/kg. The battery’s solid-state electrolytes have reportedly withstood various stress tests, including puncture, shear, and heat chamber tests. Additionally, a shutdown system against thermal runaway has been integrated. According to Farasis, other electric vehicle manufacturers beyond its existing partnerships are showing growing interest. Alongside its sulfide-based cells, Farasis is developing a second cell platform with an oxide-polymer composite electrolyte. Combined with lithium metal anodes and high-nickel cathodes, this architecture is expected to enable an energy density of up to 500 Wh/kg. To this end, Farasis Energy has developed its own process for manufacturing thin electrolyte layers. Founded in 2009, Farasis Energy has been listed on the stock exchange since 2020. Its production is primarily focused in China, including for the EQE and EQS models from Mercedes-Benz. Source:https://carnewschina.com/2025/07/21/farasis-energy-backed-by-mercedes-benz-starts-solid-state-battery-pilot-production-with-0-2-gwh-line-coming-by-year-end/

Panasonic Energy has opened a U.S.-based factory for the production of cylindrical lithium-ion batteries and aims to reach an annual capacity of 32 gigawatt-hours.

General Motors intends to produce battery cells based on lithium iron phosphate (LFP) in its Ultium Cells joint venture with LG Energy Solution in Tennessee.

The European Commission will support six projects for electric vehicle battery cells from France, Germany, Sweden, and Poland with 852 million euros from the Innovation Fund.

LEAD Intelligent Equipment from China has unveiled a system especially designed for industrial mass production for dry coating of lithium battery anodes and cathodes.

Following the planned takeover of the insolvent CustomCells Group, operations at the main site in Itzehoe will largely continue, while the plant in Tübringen will remain closed.