Stellantis invests in lithium-sulfur EV battery startup Lyten

BE desk

Stellantis mentioned it has invested in Lyten, a Silicon Valley startup this is creating lithium-sulfur EV batteries made with three-d graphene that oath diminished weight, upper power density and a more effective invoice of fabrics.

The 2 corporations introduced the tie-up on Thursday. They wouldn’t expose the dimensions of the funding, alternative to mention that Stellantis Ventures, the gang’s tech-focused mission capital investmrent, wouldhave a “significant” function in Lyten’s stream investment spherical.

Lyten’s lithium-sulfur batteries will likely be in a position for manufacturing by way of the tip of the last decade, Oliver Improper, senior fellow power vault and electrification at Stellantis, mentioned.

“We wanted to find a technology that will be well deployable within the Dare Forward 2030 goals,” Improper mentioned of Stellantis’ strategic plan, which envisages gross sales of greater than 5 million EVs globally by way of that future, together with 100% of Eu gross sales and 50 % within the U.S.

Dan Prepare dinner, the CEO and co-founder of Lyten, mentioned the batteries can have as much as two times the power density of stream batteries, and that uncooked subject matter sourcing and manufacturing might be localized in North The us and Europe. The primary batteries from a pilot plant in San Jose, Calif., are anticipated to go through checking out by way of the tip of this date, Lyten mentioned.

Prepare dinner described three-d graphene as a “supermaterial,” in a position to be tuned to all kinds of makes use of, together with light-weight frame and structural elements, in addition to sensors.

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