Lyten
| Company type | Private |
|---|---|
| Industry |
|
| Founded | 2015[1] |
| Headquarters | San Jose, California[3] , United States |
| Products | |
| Website | lyten |
Lyten, Inc. is a U.S. battery and advanced-materials company founded in 2015 and headquartered in San Jose, California, currently developing lithium–sulfur batteries which are hoped to be 66% less expensive than the lithium-ion batteries used in electric vehicles today.[1]
Lyten has received over $600 million in funding from multiple investors, including Stellantis, FedEx and the United States government.[1][4] In 2024 they announced plans for a lithium–sulfur gigafactory in Reno, Nevada.[1] In 2025 Lyten agreed to acquire key Swedish and German assets from bankrupt lithium-ion battery developer Northvolt.[1][5]
References
- ^ a b c d e f Mannes M, Parodi A (August 7, 2025). "US startup seeks to recharge Europe's fallen battery icon Northvolt". Reuters. Retrieved 10 August 2025.
- ^ "About Us". Lyten. Retrieved 10 August 2025.
- ^ "Contact Us". Lyten. Retrieved 10 August 2025.
- ^ "Stellantis Invests in Lyten's Breakthrough Lithium-Sulfur EV Battery Technology". Stellantis.
- ^ Milne R. "US battery start-up Lyten buys Northvolt out of bankruptcy".