Lyten 3D Graphene is engineered from natural gas. Credit: SmirkDingo via Shutterstock.

European automotive firm Stellantis has announced an investment in Lyten to accelerate the commercialisation of advanced electric vehicle (EV) battery technology.

Stellantis did not disclose the quantum of the investment, which was made via its corporate venture fund Stellantis Ventures.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Lyten has developed a tunable decarbonisation supermaterial, called Lyten 3D Graphene, which is engineered from natural gas.

Together, the firms hope to advance Lyten 3D Graphene’s application in the mobility industry including the LytCell Lithium-Sulfur EV battery, lightweight composites, and on-board sensing.

Lyten’s Lithium-Sulfur batteries do not use nickel, cobalt, and manganese, thereby offering a sustainable alternative to traditional lithium-ion batteries.

Stellantis CEO Carlos Tavares said: “Specifically, Lyten’s Lithium-Sulfur battery has the potential to be a key ingredient in enabling mass-market EV adoption globally, and their material technology is equally well positioned to help reduce vehicle weight, which is all necessary for our industry to achieve carbon net zero goals.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Lyten president and CEO Dan Cook said: “Among the automotive product innovations being transformed by Lyten 3D Graphene are Lithium-Sulfur batteries with the potential to deliver more than twice the energy density of lithium-ion, payload-improving lightweighted vehicle composites, and new modes of sensing that do not require chips, batteries or wires.”

Earlier this month, Stellantis signed a deal to buy a 33.3% stake in Symbio, which is engaged in the production of hydrogen fuel cells.