Lyten to build ''world''s first'' lithium-sulfur battery gigafactory in Nevada | Oct 15,
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The global lithium-sulfur battery market size is expected to grow from USD 32 million in 2023 to USD 209 million in 2028, at a CAGR of 45.6% from 2023 to 2028.The demand for lithium-sulfur batteries is anticipated to surge in the coming years due to their potential to address key limitations of conventional batteries. Lithium-sulfur batteries offer a higher energy density, making them capable of storing more energy for longer durations. This enhanced energy storage capacity contributes to increased efficiency in various applications, such as aerospace, electric vehicles, renewable energy storage systems and others.
As of 2022, PolyPlus Battery Company (US), NexTech Batteries Inc. (US), Li-S Energy Limited (Australia), Lyten, Inc. (US), and Zeta Energy LLC (US) are some of the notable players in this market.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
Supermaterials trailblazer Lyten will invest over $1 billion to build the world''s first lithium-sulfur battery gigafactory in Reno, Nevada.
The new factory will be capable of producing up to 10 gigawatt-hours (GWh) of batteries annually once it''s fully online. Phase 1 (rendering pictured above) is set to go live in 2027.
The new gigafactory will produce both cathode active materials and lithium metal anodes, and it will assemble battery cells in cylindrical and pouch formats. Lyten has already been working on this technology at its pilot facility in San Jose, California, which has been online since May 2023.
The Reno factory is part of Lyten''s plan to support its entry into the micromobility, space, drone, and defense markets starting in 2024 and 2025. The company says it already has a robust pipeline of potential customers, and it sees this new gigafactory as a crucial step toward meeting growing demand.
Lyten''s gigafactory will cover 1.25 million square feet on a 125-acre campus in the Reno AirLogistics Park. Initially, it will employ around 200 people, eventually expanding to more than 1,000 jobs. These positions will include roles for researchers, engineers, technicians, and more. The company plans to break ground in early 2025.
Lyten is also working closely with the University of Nevada-Reno (UNR), Truckee Meadows Community College, and Nevada Native American and Tribal members to develop a workforce pipeline. The goal is to create local jobs and train a talented workforce that can support the factory''s advanced manufacturing needs.
I''m glad they are trying to use more abundant and safer materials for these projects. That''s an expensive experiment however if the batteries degrade quickly.
Community leaders are rightfully excited about the project. UNR President Brian Sandoval noted that Lyten''s technology plays a key role in northern Nevada''s growing lithium economy. Local officials and educational leaders expressed their enthusiasm, highlighting the benefits to the community, workforce partnerships, and economic development.
In February 2024, Chrysler announced the inclusion of Lyten''s lithium-sulfur batteries in its Halcyon concept EV. In May, Lyten shipped lithium-sulfur batteries to Stellantis and other US and EU OEMs for testing. Lyten has received more than $425 million in investment from companies including Stellantis, and the US Department of Energy granted Lyten $4 million to accelerate development.
Lyten''s CEO, Dan Cook, called the Nevada gigafactory a significant milestone for the company, describing lithium-sulfur as a "leap in battery technology." Lithium-sulfur batteries are up to 40% lighter than lithium-ion batteries and use materials that are more abundant in the US, unlike traditional lithium-ion batteries that rely on imported minerals like nickel, cobalt, and graphite. However, they still have challenges to address, such as a shorter lifespan and less stability than lithium-ion batteries, before they go mainstream.
Read more: Stellantis is about to test the first-ever production-line lithium-sulfur batteries
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