Future of Lithium iron Batteries Growth and Upcoming Trends

August 19,2022

 
Lithium iron batteries offer lots of benefits compared to lead-acid batteries and other lithium batteries. Longer life span, no maintenance, extremely safe, lightweight, improved discharge and charge efficiency, just to name a few.
 
LiFePO4 batteries are not the cheapest in the market, but due to a long life span and zero maintenance, it’s the best investment you can make over time.
 
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Lithium iron phosphate (LFP) batteries are a type of rechargeable batteries produced by cathode material which provides lifetime safety and excellent power density to the user. Due to their properties of high safety and temperature resistance they can be used in various applications such as electric vehicles, energy storage devices, power tools and others.
 
Applications of Lithium iron phosphate:
 
· Very safe and secure technology (No Thermal Runaway)
· Very low toxicity for environment (use of iron, graphite and phosphate)
· Operational temperature range: up to 70°C
· Very low internal resistance. Stability or even decline over the cycles.
· Constant power throughout the discharge range
· Ease of recycling
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