Stellantis Ventures, Stellantis’s company enterprise fund, has invested in Lyten to hurry up the commercialization of the Silicon Valley startup’s 3D Graphene functions for the mobility sector.
Purposes embody the LytCell lithium-sulfur EV battery, light-weight composites and distinctive on-board sensors. Lyten’s lithium-sulfur batteries have a 60% smaller carbon footprint than lithium-ion batteries since they don’t include nickel, cobalt, or manganese. Lithium-sulfur battery uncooked supplies can probably be acquired and manufactured regionally in North America or Europe to restrict provide chain disruptions. In 2023, Lyten will begin to produce lithium-sulfur batteries and 3D graphene-infused composites for specialist markets along with EV batteries.
“Among the many automotive product improvements being remodeled by Lyten 3D Graphene are lithium-sulfur batteries with the potential to ship greater than twice the power density of lithium-ion, payload-improving light-weight automobile composites, and new modes of sensing that don’t require chips, batteries or wires,” mentioned Dan Prepare dinner, President and CEO of Lyten.
Supply: Stellantis