Lithium ion batteries have several advantages over other kinds of batteries, including:

Extremely high energy density. Lithium ion batteries store more energy than other kinds of batteries for the similar size battery, enabling ultra-high power densities far exceeding current lithium-ion technology.

Excellent charge efficiency. Because of the smart charging algorithm implemented by the BMS, lithium-ion batteries lose less energy in the charge/discharge cycle than other battery types (Battery Management System). This is particularly useful when a lot of energy are being stored (like EVs and solar technology storage).

Very high discharge power. High power battery packs rich in power cells provide high turn on demand to power electric vehicles (EV) and sustainable energy storage systems.

Reduced self-discharge. Although low self-discharge NiMH batteries are available, lithium-ion batteries are by definition low self-discharge.

Very high cell voltage. Which means fewer cells in the series string are required to produce a given voltage that may easily power devices.

Extremely safe and thermally stable. Intelligent BMS is critical to lithium battery performance; it represents the battery’s brain, in charge of advanced monitoring and management for the utmost safety, performance, charge rates, and long lifespan.

It is light in weight. Lithium ion batteries are significantly lighter than other chemistries for any given size and volume of energy storage (like Lead acid battery). This is particularly a good choice for applications for example EVs or small portable devices.
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