Stellantis Ventures, the corporate venture fund of Stellantis, has invested in supplies innovation and applications enterprise Lyten to accelerate the commercialization of Lyten 3D Graphene applications for the mobility market, like the LytCell Lithium-Sulfur EV battery (earlier post), lightweighting composites, and novel on-board sensing.
Lyten utilizes proprietary reactor technologies which evolved from the semiconductor market to transform methane into carbon and hydrogen.
The carbon is permanently sequestered in the kind of 3-dimensional graphene, eliminating CO2 emissions.
With 3 dimensions, Lyten is in a position to tune for many properties in a single Lyten 3D Graphene material. The initial 3 applications for which Lyten is tuning commercially are batteries, composites and sensors.
As opposed to classic lithium-ion batteries, Lyten’s Lithium-Sulfur batteries do not use nickel, cobalt, or manganese, resulting in an estimated 60% decrease carbon footprint than today’s finest-in-class batteries and a pathway to accomplish the lowest emissions EV battery on the international industry.
Raw supplies for Lithium-Sulfur batteries have the possible to be sourced and developed locally, in North America or Europe, enhancing regional provide sovereignty. This technologies will meet the desires of industries looking for lightweight and power-dense batteries that are totally free from provide chain disruptions.
Amongst the automotive solution innovations becoming transformed by Lyten 3D Graphene are Lithium-Sulfur batteries with the possible to provide a lot more than twice the power density of lithium-ion, payload-enhancing lightweighted automobile composites, and new modes of sensing that do not call for chips, batteries or wires. We are committed to advancing every single of these applications to Stellantis and the automotive industry.
As opposed to two-dimensional types of graphene, the production of our tunable Lyten 3D Graphene has been independently verified to be carbon-neutral at scale. We are converting greenhouse gases into a new class of higher-overall performance, higher-worth carbon supplies and are incorporating these tuned supplies into applications that will decarbonize the hardest to abate sectors on the planet.
—Dan Cook, president and CEO of Lyten
Lyten’s Lithium-Sulfur battery, composites, and sensor technologies are initially becoming developed on its 145,000 square foot campus in Silicon Valley. Apart from generating EV batteries, Lyten is operating with preceding prospects to commence delivering Lithium-Sulfur batteries and 3D Graphene-infused composites for specialty markets in 2023. Lyten is collaborating with its strategic investors from across many industries to apply Lyten 3D Graphene supplies to decarbonize added, carbon intensive sectors beyond transportation, with a lot more announcements planned for later this year.
Stellantis launched Stellantis Ventures in 2022 as a venture capital fund committed to investing in early and later-stage startup corporations creating revolutionary and sustainable technologies inside the automotive and mobility sectors. Stellantis Ventures, powered by an initial €300 million in funding, is a essential element of the company’s Dare Forward 2030 strategic strategy, which sets out core targets for Stellantis, like deep emission cuts to slash CO2 in half by 2030, benchmarking the 2021 metrics, and reaching carbon net zero by 2038 with single-digit percentage compensation of the remaining emissions.