Stellantis-backed Lyten to invest over $1 billion in Nevada lithium-sulfur battery factory
Lyten, backed by Stellantis and delivery services provider FedEx, said it would invest more than $1 billion in the facility that would initially create 200 jobs, growing to more than 1,000 in northern Nevada. Nevada's Reno is also home to a Tesla gigafactory that produces battery packs and other components for its EVs.