“One such company is Lyten, an eight-year-old Silicon Valley startup that racked up several government contracts before coming out of stealth mode in 2021. Its key innovation is a graphene material designed to enable lithium-sulfur batteries, which the company says would offer high energy density and be lighter and safer than current chemistries. Sulfur is also widely available and inexpensive.”

“If the government’s strategy goes to plan, companies like Lyten could be the ones producing and licensing out the next generation of battery tech in the decade ahead, positioning the US as a much more competitive force within this crucial sector.”

Read more: https://www.bloomberg.com/news/articles/2023-02-22/silicon-valley-startup-charts-a-path-to-cheaper-ev-batteries