Lithium ion batteries have a lot of advantages over other types of batteries, including:
Higher than normal energy density. Lithium ion batteries store more energy than other types of batteries for a similar sized battery, enabling ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. Because of the 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 especially useful when a lot of their time are now being stored (like EVs and solar panel technology storage).
Elevated discharge power. High power battery packs rich in 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 are available, lithium-ion batteries are by definition low self-discharge.
Higher than normal cell voltage. Which means fewer cells in a series string must develop a given voltage that will easily power devices.
Extremely safe and thermally stable. Intelligent BMS is very 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 really is sleek. Lithium ion batteries are significantly lighter than other chemistries for a given size and amount 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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