Lyten to Build World’s First Lithium-Sulfur Battery Gigafactory in Nevada with $1 Billion Investment, Backed by US Department of Defense

Oct 15, 2024, 01:19 PM

US startup Lyten has announced plans to construct the world's first lithium-sulfur battery gigafactory in Nevada, with an investment exceeding $1 billion. This initiative is part of a broader effort to decrease reliance on China for electric vehicle (EV) battery materials. The project is backed by the US Department of Defense, reflecting growing tensions between China and Western nations regarding EV supply chains. Additionally, Indonesian battery-material manufacturers face challenges due to Chinese investments in high-pressure acid leach smelters, which complicates the supply of EV battery materials to the U.S.