The lithium-ion battery (LIB) is currently one of the most popular types of rechargeable battery and is utilized for numerous commercial applications. The battery’s popularity is due to its slow loss of charge, comparatively high energy density, no memory effect and lower weight than comparative products. Initially used for consumer electronics, LIBs are of primary importance for their suitability for electric vehicle (EV) and hybrid electric vehicle (HEV) applications. Economic potential has seen intensive worldwide research resulting in lower production costs and in advances in the technology of safety, energy density and efficiency.
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