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 height and width of battery, allowing for 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 in the charge/discharge cycle than other battery types (Battery Management System). Many of the useful when huge amounts of your energy are stored (as in EVs and solar power storage).
Elevated discharge power. High power energy rich in power cells provide high power 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 obviously low self-discharge.
Extremely high cell voltage. This means that fewer cells in a series string are needed to develop a given voltage that will easily power devices.
Extremely safe and thermally stable. Intelligent BMS is important to lithium battery performance; it acts as the battery’s brain, in charge of advanced monitoring and management to ensure safety, performance, charge rates, and long lifespan.
It is lightweight. Lithium ion batteries are significantly lighter than other chemistries for any given size and level of energy storage (like Lead acid battery). This is particularly ideal for applications for example EVs or small portable devices.
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