Lithium Ion Battery: Details, Uses, Pros and Cons, Price in India

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Electric vehicles are getting popular all over the world due to their low running cost and zero emission. The driving force behind the electric vehicle is lithium-ion battery, it is the main component of every electric vehicle. The lithium-ion batteries revolutionize the world because of their multiple cost-effective use case. These batteries are used in powering smartphones to propelling electric vehicles. Today we will discuss the price, details, uses, pros, and cons of lithium-ion batteries.

Lithium Ion Battery

What is Lithium Ion Battery?

The lithium-ion battery was discovered by the American-English chemist Stanley Whittingham in the year 1970. Later in the year 1985, another American scientist John B. Goodenough developed a more advanced lithium ion battery with a high-energy-density cathode material based on lithium cobalt oxide (LiCoO2). Since then, lithium-ion batteries have undergone many updates and research to increase their efficiency and cost reduction.

 Now lithium-ion batteries use various cathode materials like lithium iron phosphate (LiFePO4), lithium manganese oxide (LiMn2O4), and lithium nickel cobalt manganese oxide (LiNiCoMnO2), etc to deliver maximum efficiency. In its current phase is very efficient and cost-effective but still many companies and scientists are working hard to bring the cost of lithium ion batteries down.

Lithium Ion Battery

Uses of Lithium-Ion Battery

Today Lithium-ion batteries are used in a wide range of appliances, vehicles, industries, etc. Here we are sharing the uses of lithium-ion batteries in detail.

  • Consumer Electronics– Lithium-ion batteries are used to power gadgets like Smartphones, laptops, tablets, earphones, and smartwatches. These gadgets rely on lithium-ion batteries for their seamless operation.
  • Electric Vehicles (EVs)- Lithium-ion batteries are the major component of electric vehicles like electric cars, electric two-wheelers, etc. These batteries propel the electric vehicle and fulfill all their energy needs.
  • Renewable Energy Storage– Lithium-ion batteries are used to store excess energy generated by renewable sources like solar panels and wind turbines. Later the energy stored in these batteries is used during periods of low energy production.
  • Aerospace– These batteries are used in spacecraft and satellites because of their lightweight and high energy density.
  • Medical Devices– Due to their high efficiency, lithium batteries are also used in portable medical devices like defibrillators portable oxygen concentrators, and other medical devices.
Lithium Ion Battery in electric car

Use of Lithium-Ion Batteries in Electric Vehicles

The adoption of lithium-ion batteries in electric vehicles is a milestone in electric mobility. Now multiple auto manufacturers are investing heavily in research and development for improving lithium battery technology. The use of lithium-ion batteries enhanced the performance of electric vehicles and made these vehicles a cleaner and more efficient means of transportation.

  • Lithium-Ion battery pack is the main component of any electric vehicle.
  • The use of Li-Ion batteries in electric vehicles cuts the overall operating cost and the actual cost of the vehicle
  • The lithium-ion battery pack is the main powerhouse of electric vehicles as it delivers all the energy needs of EVs.
  • These batteries power the electric motors of the EV to deliver the energy necessary for vehicle propulsion.
  • The high energy density and rechargeability of these batteries are well-suited for all the requirements of electric vehicles.
  • Lithium-ion batteries deliver longer driving ranges and faster-charging options to electric vehicles. Thus making electric vehicles a more sustainable alternative to transportation.
Li-Ion Batteries uses
Pros and Cons of Lithium Ion Battery

Lithium Ion batteries can be customized as per the requirements of different devices like Smartphones, Laptops, medical devices, electric vehicles, etc. With all the advantages, a Lithium Ion battery also comes with various disadvantages. Here we are sharing pros and cons of Lithium-Ion batteries.

Li-Ion Batteries Pros and cons

Pros of Lithium Ion Battery

  • High Energy Density– Lithium-ion batteries offer a higher energy-to-weight ratio. This feature makes Li-ion batteries ideal for applications that lack portability.
  • Rechargeability– Lithium-ion batteries are rechargeable. These batteries come with hundreds of charge and discharge cycles which is essential for sustainable energy storage.
  • A Long Lifecycle– Lithium-ion battery comes with a long lifespan if maintained properly. A longer lifespan is very important for economic and environmental sustainability.
  • Low Self-Discharge-Lithium-ion batteries come with a low self-discharge rate. A low discharge rate makes sure that these batteries can hold energy for a longer duration when not in use.
  • Fast Charging– These batteries come with a faster charging time as compared to other battery technologies. Fast charging reduces the downtime for multiple application applications.

Cons of Lithium-Ion Batteries

  • Temperature Sensitivity– Li-Ion batteries are temperature sensitive, which means that extreme temperatures can negatively impact the performance and safety of these batteries. High temperatures can lead to thermal runaway and the low temperatures can reduce the capacity of these batteries.
  • Limited Lifespan– Lithium-ion batteries degrade over time. This degradation can reduce the capacity and performance of these batteries over time. At this point, you need to replace the battery.
  • Safety Concerns– Sometimes lithium-ion batteries can pose safety risks, such as overheating, swelling, or in some cases, catching fire or exploding. Proper handling and design are crucial to lower these risks.

Price of Lithium-Ion Battery in India

India imports its 70% lithium-ion battery cell from countries like Taiwan, Hong Kong, and China. It shows that India depends on foreign nations for its Lithium-ion requirements. Lithium is the main element used in the production of lithium-ion batteries. We are delighted to tell you that the archaeological Survey of India confirms that India’s first lithium Reserves were found in the state of Jammu and Kashmir and another reserve was found in Degana in the state of Rajasthan. The discovery of these lithium Reserves can contribute to lowering the price of Lithium-ion batteries in India in upcoming years. We can expect that in the upcoming years, India will be self-reliant in the production of lithium-ion batteries. Currently, the approximate price of Li-Ion batteries in India is Rs.25,000/kWh.

Conclusion

Lithium-ion batteries have transformed the energy sources of the whole world. These batteries are the biggest contributor in technically advanced products from our handheld devices to our means of transportation and energy storage. We can expect that in the upcoming years, Lithium-Ion batteries can be more energy efficient and their prices will surely go down.

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