Lithium ion batteries have several advantages over other kinds of batteries, including:
Higher than normal energy density. Lithium ion batteries store more energy than other kinds of batteries for the similar sized battery, enabling ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. Due to smart charging algorithm implemented from 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 huge amounts of their time are stored (as with EVs and solar power storage).
Very high discharge power. High power energy 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 are available, lithium-ion batteries are by definition low self-discharge.
Extremely high cell voltage. This means that fewer cells in a series string have to produce a given voltage that may 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 is light-weight. Lithium ion batteries are significantly lighter than other chemistries for the given size and amount of energy storage (including Lead acid battery). Almost all of the ideal for applications like EVs or small portable devices.
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