Lithium ion batteries have several advantages over other batteries, including:
Extremely high energy density. Lithium ion batteries store more energy than other types of batteries for similar size of battery, making it possible for ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. Due to the smart charging algorithm implemented by the BMS, lithium-ion batteries lose less energy throughout the charge/discharge cycle than other battery types (Battery Management System). Almost all of the useful when a lot of your energy are now being stored (like EVs and solar power storage).
Higher than normal discharge power. High power battery packs with good power cells provide high turn on demand to power electric vehicles (EV) and renewable power storage systems.
Reduced self-discharge. Although low self-discharge NiMH batteries can be obtained, lithium-ion batteries are obviously low self-discharge.
Elevated cell voltage. Which means fewer cells in a series string must generate a given voltage that will easily power devices.
Extremely safe and thermally stable. Intelligent BMS is very important to lithium battery performance; it represents 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 (such as Lead acid battery). This is particularly a good choice for applications for example EVs or small portable devices.
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