Chrysler’s Halcyon Concept EV will be powered by Lyten Lithium-Sulfur Batteries

Lyten credits Chrysler for the recent announcement of its Halcyon Concept electric car. Halcyon plans to incorporate Lyten’s lithium-sulphur EV batteries as part of its goal of achieving a lightweight and long-range vehicle powered by batteries that do not use nickel or cobalt.

SAN JOSE, Calif., February 28, 2024–(BUSINESS WIRE)–Lyten, an advanced applications company and leader in lithium-sulphur battery technology, announces that its battery has been selected as the power source for the visionary Chrysler Halcyon Concept.

Chrysler’s ad says Halcyon “looks to incorporate the success of the Lyten 800V lithium-sulfur EV batteries that do not use nickel, cobalt or manganese, resulting in an estimated 60% lower carbon footprint than today’s best-in-class batteries and a path to the lowest-emission EV . battery on the global market.”

Lithium-sulphur technology paves the way for EV batteries with more than twice the energy density, and therefore up to half the weight, of today’s lithium-ion NMC batteries. The battery chemistry requires no nickel, cobalt, or manganese in the cathode and no graphite in the anode, allowing the lithium-sulfur battery to be fully sourced and manufactured in North America or Europe.

“Just as the Halcyon represents the fully electric future of the Chrysler brand, we believe our lithium-sulfur batteries represent the battery platform for the electric vehicles of the future, delivered through deep-rooted supply chains and manufactured in America, Europe, and ultimately around the world.” said Dan Cook, CEO and Co-Founder of Lyten. “We have been able to dramatically accelerate the lithium-sulfur development timeline through the discovery and commercialization of our 3D Graphene invention.”

In June 2023, Lyten opened its first autonomous lithium-sulfur battery production line in San Jose, Calif., powered by renewable energy. The pilot method produces lithium-sulfur cells in cylindrical and pouch designs using the same equipment and manufacturing processes as traditional lithium-ion batteries. In 2024 Lyten will begin offering commercial cells to its non-EV and government customers, in line with its strong commitments to bring this technology to market.

The story continues

Lyten has raised over $410M in funding to date, including investments from Stellantis, FedEx, and Honeywell. Lyten is currently pursuing plans to increase lithium-sulfur production to meet demand from the automotive, aerospace, and defense industries.

About Lyten

Lyten is an advanced application company. Lyten’s proprietary processes completely capture the carbon from methane in the form of 3D Graphene and use the moveable core material to create carbon removal applications. Lyten currently develops and commercializes next-generation lithium-sulfur batteries for automotive, aerospace, defense, and other markets; next-generation polymer composites that can reduce the amount of plastic used to half while maintaining structural strength and impact; and next-generation sensors that dramatically increase detection and selection sensitivity for automotive, industrial, healthcare and logistics applications.

Lyten, founded in 2015, is led by a group of experienced executives from automotive, energy, batteries, semiconductors, manufacturing and defense. The company has more than 415 issued or pending patents and is currently developing Lyten 3D Graphene materials and applications in San Jose, Calif.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20240228986390/en/

Address

Bob Zeitlinger
bzeitlinger@makovsky.com
551-427-7298