Stellantis Ventures, Stellantis’s corporate venture fund, has invested in Lyten to speed up the commercialization of the Silicon Valley startup’s 3D Graphene applications for the mobility sector.
Applications include the LytCell lithium-sulfur EV battery, lightweight composites and unique on-board sensors. Lyten’s lithium-sulfur batteries have a 60% smaller carbon footprint than lithium-ion batteries since they do not contain nickel, cobalt, or manganese. Lithium-sulfur battery raw materials can potentially be acquired and manufactured locally in North America or Europe to limit supply chain disruptions. In 2023, Lyten will start to produce lithium-sulfur batteries and 3D graphene-infused composites for specialist markets in addition to EV batteries.
“Among the automotive product innovations being transformed by Lyten 3D Graphene are lithium-sulfur batteries with the potential to deliver more than twice the energy density of lithium-ion, payload-improving lightweight vehicle composites, and new modes of sensing that do not require chips, batteries or wires,” said Dan Cook, President and CEO of Lyten.
Source: Stellantis
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