Community Optimism Following Lyten’s Acquisition of Northvolt in Skellefteå
The acquisition of Northvolt by Lyten brings hope for job creation and economic recovery in Skellefteå.
Key Points
- • Lyten acquires Northvolt's battery factory in Skellefteå, sparking local optimism.
- • Community concerns remain regarding job creation and adherence to labor agreements.
- • Skellefteå has faced a population decline and rising unemployment since Northvolt's bankruptcy.
- • Lyten's CEO emphasizes collaboration with local unions and commitment to new jobs.
The recent acquisition of Northvolt's battery factory in Skellefteå by the American company Lyten has sparked a wave of optimism within the local community. Residents are hopeful that the revival of the factory will lead to job creation and help reverse the significant population decline experienced since Northvolt's bankruptcy earlier this year.
The closure of Northvolt resulted in a loss of around 3,000 residents in Skellefteå and a staggering 49% increase in unemployment in the second quarter of 2025 compared to the previous year, as many former employees sought jobs elsewhere. Local voices, such as Edith Lundin and Mohamed Abdi Mohamed, have expressed their desire for the factory’s restart to mark a new beginning for employment and economic stability in the area.
Lyten's CEO, Dan Cook, highlighted the company's commitment to restarting operations and creating new jobs promptly. He acknowledged the previous operational setbacks faced by Northvolt but expressed confidence that the foundation for success is now laid. To foster a positive approach, Cook stressed the importance of working closely with local labor unions to ensure a favorable work environment and adherence to collective agreements, which are essential for building community trust.