Following the closing of its acquisition of Northvolt Ett and Northvolt Labs at the end of February 2026, Lyten has announced that it has entered into a binding agreement to acquire Revolt, the former Northvolt recycling site in Skellefteå, Sweden, including licenses to key technology. The financial terms of the agreement were not disclosed.
Revolt is one of Europe’s largest fully integrated battery recycling plants, with an installed recycling capacity of 8500 tonnes/year and the infrastructure to scale further. The site is powered by 100 percent fossil-free energy and located directly alongside the Lyten Ett gigafactory in Skellefteå. The facility supports the recycling of lithium, cobalt, nickel, and manganese.
Dan Cook, Lyten CEO and Co-Founder stated, “The Revolt recycling plant is an important piece in enabling Europe’s battery supply chain independence and supports Lyten’s goal of reducing mined mineral content in our batteries. We are currently identifying the right partners to restart and scale recycling operations at the Lyten Industrial Hub in Skellefteå.”
The Revolt acquisition continues Lyten’s strategy of building a Lyten Industrial Hub at the former Northvolt Ett location in Skellefteå. Following completion of its Northvolt Sweden acquisition in February, Lyten is now actively restarting lithium-ion battery manufacturing and has signed an agreement with EdgeConneX to acquire a data center site with potential to scale to up to 1 GW of data center capacity, making it one of the largest data center sites in Europe.
This acquisition is being fully funded from equity investment in Lyten.
Founded in 2015 and headquartered in San Jose, California, Lyten develops lithium-sulfur batteries and advanced 3D graphene materials. While Lyten's lithium-sulfur batteries use a sulfur-graphene composite anode, the Revolt plant seems to recycle standard lithium-ion metals (lithium, cobalt, nickel, manganese), not graphene or sulfur-specific components, so the acquisition does not directly tie into graphene processing at this stage.
