What’s Happening
Stellantis Ventures, the venture capital branch of global auto innovator Stellantis, has recently announced its investment in Silicon Valley-based Lyten, a front-runner in tunable three-dimensional graphene production. The joint venture aims to accelerate the commercial application of Lyten’s 3D Graphene™ for the mobility industry, which includes Lyten’s LytCell™ Lithium-Sulfur EV battery, lightweighting composites, and unique on-board sensing capabilities.
Why It Matters
Lyten’s breakthrough tunable materials platform offers substantial reductions in greenhouse gas emissions and pioneers the transition towards sustainable mobility. The production of their unique Lyten 3D Graphene™ is independently certified to be carbon-neutral at scale, transforming greenhouse gases into a new class of high-performance, high-value carbon materials. This revolutionary technology is a significant step towards decarbonizing hard-to-abate sectors.
Key Points
Lyten’s Lithium-Sulfur batteries present a radical departure from traditional lithium-ion batteries, offering a viable, non-nickel-manganese-cobalt cathode alternative. By leveraging locally sourced raw materials in North America or Europe, these batteries promise a 60% lower carbon footprint compared to the current best-in-class batteries.
The launch of Stellantis Ventures in 2022 marked the company’s commitment towards investing in sustainable technologies within the automotive and mobility sectors. Stellantis’s recent investment in Lyten aligns with their “Dare Forward 2030” strategic plan, which targets deep emission reductions and a goal of achieving carbon net zero by 2038.
Bottom Line
In the face of a critical shortage of traditional lithium-ion battery materials for EV manufacturing, Lyten’s Lithium-Sulfur battery offers a viable alternative. Its potential to deliver twice the energy density of lithium-ion batteries paves the way for global mass-market EV adoption.
In addition to EV batteries, Lyten’s technology is set to transform lightweighted vehicle composites and enable new modes of sensing that don’t require chips, batteries, or wires. This strategic partnership between Stellantis and Lyten positions them at the forefront of technological advancement, enabling a future of clean, safe, and affordable mobility.
