Lithium ion batteries have several advantages over other types of batteries, including:
Extremely high energy density. Lithium ion batteries store more energy than other kinds of batteries for the same height and width of battery, enabling ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. As a result of smart charging algorithm implemented through the BMS, lithium-ion batteries lose less energy through the charge/discharge cycle than other battery types (Battery Management System). Almost all of the useful when large amounts of your energy are being stored (like EVs and solar technology storage).
Higher than normal discharge power. High power energy with higher 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 found, lithium-ion batteries are obviously low self-discharge.
Extremely high cell voltage. Which means fewer cells in the series string have to produce 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, responsible for advanced monitoring and management to ensure safety, performance, charge rates, and long lifespan.
It really is light-weight. Lithium ion batteries are significantly lighter than other chemistries for a given size and amount of energy storage (for example Lead acid battery). This is particularly useful for applications such as EVs or small portable devices.
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