Lyten invests $1 billion to build lithium-sulfur battery gigafactory in Nevada
Lyten has announced plans to build the world’s first lithium-sulfur battery gigafactory in Reno, Nevada. The company, which specializes in supermaterial applications and lithium-sulfur batteries, will invest more than $1 billion into the project, which is expected to produce 10 GWh of batteries annually at full scale. According to Lyten, the new 1.25 million-square-foot facility will produce cathode active materials (CAM) and lithium metal anodes. Additionally, the plant will be used to complete assembly of lithium-sulfur battery cells in both cylindrical and pouch formats. The new plant will employ 200 workers, with that number growing to over 1,000 employes when the plant is at full capacity. Phase 1 of the project is expected to be completed in 2027.
What people are saying
In a recent quote, Dan Cook, Lyten Co-Founder and CEO, said, “Today is the latest milestone in Lyten’s nine-year history. Lithium-sulfur is a leap in battery technology, delivering a high energy density, light weight battery built with abundantly available local materials and 100% U.S. manufacturing.”
Celina Mikolajczak, Lyten Chief Battery Technology Officer, added “Nevada has been our preferred location from the start. We have continuously felt welcomed by the leaders of Reno and Washoe County. We need a talented, innovative workforce and this partnership will deliver just that.”
Manufacturers investing in Nevada
Nextracker and Unimacts partner to build a new factory in Nevada to support the solar industry
These two facilities, when operational, will support more than 2 GW of new solar power per year.
Battery materials company opens commercial-scale, lithium-ion battery recycling facility in Nevada
The new facility has the capacity to process over 20,000 metric tonnes of battery feedstock materials per year.
Redwood Materials receives $2 billion loan from DOE to build battery recycling and production facility
As part of the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), Redwood Materials will receive a $2 billion loan from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO).
Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.