Lithium-ion battery technology has taken a leap from personal electronics, where it dominates as the energy storage medium, to transport and industrial applications as the preferred choice. Li-ion batteries outperform all other types of rechargeable battery technology in every aspect, including but not limited to usable capacity, life cycle, charging time, and OPEX, just to name a few.
Lithium is the lightest of all metals and has the greatest electrochemical potential, providing the largest energy density per volume and weight. In our view, Li-ion technology has a crucial part to play in the migration away from fossil fuels and non-renewable energy sources in transport, industry and residence.