Stellantis, the world’s third largest carmaker by sales, has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight composites and on-board sensing solutions. The investment, through Stellantis’ venture capital arm Stellantis Ventures, aims to simplify the carmaker’s supply chain and pursue greener technology for its battery-electric vehicles (EVs).
Lyten’s lithium-sulfur batteries do not use nickel, cobalt, or manganese, resulting in an estimated 60% lower carbon footprint than current batteries. The materials technology could also help to reduce vehicle weight, further aiding the drive to lower carbon emissions.
Stellantis is targeting 100% of its European passenger car sales and 50% of its U.S. passenger car and light-duty truck sales to be battery EVs by 2030. It expects to have Lyten’s batteries available “definitely within the second half of the decade”. The carmaker is also aiming to be carbon net zero by 2038.