Lithium ion batteries have a lot of advantages over other batteries, including:
Higher than normal energy density. Lithium ion batteries store more energy kinds 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 in the charge/discharge cycle than other battery types (Battery Management System). This is particularly useful when huge amounts of your energy are increasingly being stored (such as EVs and solar energy storage).
Elevated discharge power. High power battery pack 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 found, lithium-ion batteries are by definition low self-discharge.
Elevated cell voltage. Which means that fewer cells in the series string must generate a given voltage that could easily power devices.
Extremely safe and thermally stable. Intelligent BMS is critical to lithium battery performance; it serves as the battery’s brain, responsible for advanced monitoring and management for the utmost safety, performance, charge rates, and long lifespan.
It can be light in weight. Lithium ion batteries are significantly lighter than other chemistries for a given size and level of energy storage (for example Lead acid battery). Many of the useful for applications such as EVs or small portable devices.
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