Lithium ion batteries have several advantages over other batteries, including:
Higher than normal energy density. Lithium ion batteries store more energy than other types of batteries for similar sized battery, making it possible 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 during the charge/discharge cycle than other battery types (Battery Management System). This is especially useful when huge amounts of one’s are being stored (as in EVs and solar technology storage).
Extremely high discharge power. High power battery packs with good power cells provide high power on demand to power electric vehicles (EV) and renewable energy storage systems.
Reduced self-discharge. Although low self-discharge NiMH batteries can be obtained, lithium-ion batteries are obviously low self-discharge.
Very high cell voltage. Which means that fewer cells in the series string are needed to generate a given voltage that may easily power devices.
Extremely safe and thermally stable. Intelligent BMS is crucial to lithium battery performance; it represents the battery’s brain, in charge of advanced monitoring and management for the utmost safety, performance, charge rates, and long lifespan.
It is light in weight. Lithium ion batteries are significantly lighter than other chemistries to get a given size and amount of energy storage (for example Lead acid battery). Many of the useful for applications like EVs or small portable devices.
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