Silicon Valley startup Lyten announced plans to build the world's first gigafactory for lithium-sulfur batteries in Reno, Nevada, aiming to meet the rising demand for affordable electric vehicle (EV) power sources. As battery costs remain a major factor in EV pricing, automakers are increasingly exploring alternative technologies to make EVs more accessible.
Supported by Chrysler-parent Stellantis and FedEx, Lyten will invest over $1 billion in the facility, initially creating 200 jobs and expanding to over 1,000. The Reno location is also home to Tesla's gigafactory, highlighting the region's growing role in EV production.
Lyten's gigafactory will have an annual production capacity of up to 10 gigawatt-hours of lithium-sulfur batteries at full scale, with production expected to begin in 2027. The company claims its lithium-sulfur cells offer high energy density, making them up to 40% lighter than traditional lithium-ion cells.
The move is part of broader efforts to reduce dependence on China for battery materials and establish domestic supply chains in North America. However, industry experts note that building a robust, independent EV battery cell supply chain could take several years.
Founded in 2015, Lyten has been assembling batteries at its semi-automated facility in San Jose, California, since May 2023. The startup's lithium-sulfur batteries are also intended for use in various sectors, including drones, micromobility, space, and defense, with commercial applications expected within two years.
