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