Lithium ion batteries have several advantages over other kinds of batteries, including:
Very high energy density. Lithium ion batteries store more energy than other types of batteries for the same size battery, permitting ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. As a result of 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). Many of the useful when large amounts of their time are being stored (as in EVs and solar panel technology storage).
Extremely high discharge power. High power battery pack rich in power cells provide high power on demand to power electric vehicles (EV) and renewable power storage systems.
Reduced self-discharge. Although low self-discharge NiMH batteries can be obtained, lithium-ion batteries are by definition low self-discharge.
Elevated cell voltage. This means that fewer cells within a series string must come up with a given voltage that may easily power devices.
Extremely safe and thermally stable. Intelligent BMS is very 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 can be sleek. Lithium ion batteries are significantly lighter than other chemistries to get a given size and amount of energy storage (like Lead acid battery). This is especially a good choice for applications like EVs or small portable devices.
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