Lithium ion batteries have a lot of advantages over other batteries, including:
Extremely high energy density. Lithium ion batteries store more energy than other types of batteries for a similar size battery, enabling ultra-high power densities far exceeding current lithium-ion technology.
Excellent charge efficiency. Due to the smart charging algorithm implemented from the BMS, lithium-ion batteries lose less energy through the charge/discharge cycle than other battery types (Battery Management System). Many of the useful when large amounts of energy are being stored (as in EVs and solar energy storage).
Very high discharge power. High power energy with good 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 by definition low self-discharge.
Higher than normal cell voltage. Which means that fewer cells in the series string are needed to produce a given voltage that may easily power devices.
Extremely safe and thermally stable. Intelligent BMS is important to lithium battery performance; it serves as the battery’s brain, to blame for advanced monitoring and management for the utmost safety, performance, charge rates, and long lifespan.
It really is lightweight. 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 a good choice for applications for example EVs or small portable devices.
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