Lithium ion batteries have several advantages over other sorts of batteries, including:
Extremely high energy density. Lithium ion batteries store more energy than other types of batteries for similar size of battery, allowing for 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 throughout the charge/discharge cycle than other battery types (Battery Management System). This is particularly useful when large amounts of your energy are now being stored (like EVs and solar power storage).
Higher than normal discharge power. High power battery packs with higher 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 can be obtained, lithium-ion batteries are by definition low self-discharge.
Higher than normal cell voltage. This 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 very important to lithium battery performance; it works as the battery’s brain, responsible for advanced monitoring and management for the utmost safety, performance, charge rates, and long lifespan.
It really is light-weight. Lithium ion batteries are significantly lighter than other chemistries to get a given size and level of energy storage (like Lead acid battery). This is particularly useful for applications for example EVs or small portable devices.
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