Lithium ion batteries have several advantages over other types of batteries, including:
Very high energy density. Lithium ion batteries store more energy than other types of batteries for similar size battery, allowing for ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. Due to smart charging algorithm implemented with the BMS, lithium-ion batteries lose less energy through the charge/discharge cycle than other battery types (Battery Management System). This is particularly useful when large amounts of their time are increasingly being stored (like EVs and solar panel technology storage).
Extremely high discharge power. High power battery pack with high power cells provide high turn on demand to power electric vehicles (EV) and renewable energy storage systems.
Reduced self-discharge. Although low self-discharge NiMH batteries can be purchased, lithium-ion batteries are by definition low self-discharge.
Extremely high cell voltage. This means that fewer cells inside a series string have to come up with a given voltage that will easily power devices.
Extremely safe and thermally stable. Intelligent BMS is crucial to lithium battery performance; it works as the battery’s brain, accountable for advanced monitoring and management to ensure safety, performance, charge rates, and long lifespan.
It’s light-weight. Lithium ion batteries are significantly lighter than other chemistries to get a given size and quantity of energy storage (like Lead acid battery). This is particularly a good choice for applications including EVs or small portable devices.
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