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Reuters:
Oct 15 (Reuters) - Silicon Valley startup Lyten announced on Tuesday its plan to build the world's first gigafactory for lithium-sulfur batteries in Reno, Nevada, as companies seek to capitalize on the demand for more affordable power sources for electric vehicles.
...Efforts to reduce reliance on China for battery materials have also encouraged companies to develop domestic supply chains in North America, but industry experts have cautioned that establishing a robust and independent supply chain for EV battery cells will take several years.
...The company said its lithium-sulfur cells have high energy density, which could make it up to 40% lighter than lithium-ion cells.
A local report and video:
mynews4.com
Lyten has signed a Memorandum of Understanding with Dermody Properties to establish the facility. The company is hosting a press event on October 16 at the Reno-Stead Airport to discuss the impact of this investment and celebrate the community stakeholders involved.
This is the first I've heard of lithium-sulfur batteries. What sticks out is the 40% reduction in weight. If they prove reliable, I would think this alone will seal the technology's success. The ability to produce these batteries without foreign sourced materials is also a big plus.
Is this the new and improved battery technology? Lyten and its creditors are betting a billion dollars it is.
Oct 15 (Reuters) - Silicon Valley startup Lyten announced on Tuesday its plan to build the world's first gigafactory for lithium-sulfur batteries in Reno, Nevada, as companies seek to capitalize on the demand for more affordable power sources for electric vehicles.
...Efforts to reduce reliance on China for battery materials have also encouraged companies to develop domestic supply chains in North America, but industry experts have cautioned that establishing a robust and independent supply chain for EV battery cells will take several years.
...The company said its lithium-sulfur cells have high energy density, which could make it up to 40% lighter than lithium-ion cells.
A local report and video:

Lyten to invest $1 billion in Nevada for world's first lithium-sulfur gigafactory
Lyten, a leader in lithium-sulfur battery technology, has announced plans to invest $1 billion in constructing the world's first lithium-sulfur battery gigafact

Lyten has signed a Memorandum of Understanding with Dermody Properties to establish the facility. The company is hosting a press event on October 16 at the Reno-Stead Airport to discuss the impact of this investment and celebrate the community stakeholders involved.
This is the first I've heard of lithium-sulfur batteries. What sticks out is the 40% reduction in weight. If they prove reliable, I would think this alone will seal the technology's success. The ability to produce these batteries without foreign sourced materials is also a big plus.
Is this the new and improved battery technology? Lyten and its creditors are betting a billion dollars it is.