Lyten plans $1B Lithium-Sulfur battery Gigafactory in Nevada

U.S-based Lyten announced plans to invest more than $1 billion to build the world’s first Lithium-Sulfur battery gigafactory. The facility will be located near Reno, Nevada, and will have the capability to produce up to 10 GWh of batteries annually at full scale. Phase 1 of the facility is scheduled to come online in 2027.

Lyten’s proprietary processes permanently sequester carbon from methane in the form of 3D Graphene and utilize the supermaterial to develop decarbonizing applications. Lyten has received more than $425 million in investment from companies including Stellantis, FedEx, Honeywell, Walbridge, the European Investment Fund, and the Luxembourg Future Fund.

 

Lyten’s factory will manufacture cathode active materials (CAM) and lithium metal anodes and complete assembly of lithium-sulfur battery cells in both cylindrical and pouch formats. Lyten has been manufacturing CAM and lithium metal anodes and assembling batteries at its semi-automated pilot facility in San Jose, California, since May 2023.

Lyten’s Lithium-Sulfur cells feature high energy density, which will enable up to 40% lighter weight than lithium-ion and 60% lighter weight than lithium iron phosphate (LFP) batteries.

The planned 1.25 million square foot facility, located on a 125-acre campus in the Reno AirLogistics Park, initially will employ 200 people, growing to more than 1,000 at full capacity, including researchers, manufacturing engineers, battery engineers, technicians and operators, in addition to administrative and support personnel. 

Lyten has signed an MOU with industrial developer Dermody Properties to locate the facility on land owned by the Reno-Tahoe Airport Authority. Lyten is working with Dermody Properties and the Reno-Tahoe Airport Authority to finalize contractual terms to support breaking ground in early 2025. The Nevada factory will produce lithium-sulfur battery cells that are fully compliant with the Inflation Reduction Act, National Defense Appropriations Act (NDAA), and will not be subject to Section 301 tariffs.

Posted: Oct 19,2024 by Roni Peleg