Lithium
Lithium Overview
The lithium-ion battery industry is gaining momentum with the development of electric vehicles (EV)
Only 10 years ago, the lithium ion battery was limited to the lab experiments of pioneering scientists. Today, the innovative cell is fast becoming the driving force to power the next generation of technology.
From mobile phones and video cameras to laptops and cars, lithium ion batteries are quickly finding their way into households, garages and everyday use. The power source of the future is small enough to fit into the palm of your hand.
Global output of lithium ion batteries has skyrocketed in recent years by more than 20 percent annually and is expected to enjoy its upward momentum for some time.
Lithium, the lightest of all metals, has the greatest electrochemical potential and provides the largest energy density for weight. The self-discharge is minimal, an additional advantage that most other chemistries cannot claim. When disposed, lithium-ion cells cause little harm to the environment, unlike their conventional counterparts.
Though engineers have yet to find a compromise between operational safety and energy delivery, the coveted lithium ion batteries will be crucial as the global auto industry goes electric.
Lithium's incorporation into cars would lead to a win-win situation for both the battery and automobile industries. Rising oil prices and growing environmental concerns have placed pressure on the automobile sector for a source of green growth. As automakers shift from gasoline to voltage, they need batteries that not only can quickly and easily be recharged, but are also more able to facilitate long-distance travel and are light and compact enough to fit into cars. This will give lithium providers the perfect opportunity to expand their business.
Only 10 years ago, the lithium ion battery was limited to the lab experiments of pioneering scientists. Today, the innovative cell is fast becoming the driving force to power the next generation of technology.
From mobile phones and video cameras to laptops and cars, lithium ion batteries are quickly finding their way into households, garages and everyday use. The power source of the future is small enough to fit into the palm of your hand.
Global output of lithium ion batteries has skyrocketed in recent years by more than 20 percent annually and is expected to enjoy its upward momentum for some time.
Lithium, the lightest of all metals, has the greatest electrochemical potential and provides the largest energy density for weight. The self-discharge is minimal, an additional advantage that most other chemistries cannot claim. When disposed, lithium-ion cells cause little harm to the environment, unlike their conventional counterparts.
Though engineers have yet to find a compromise between operational safety and energy delivery, the coveted lithium ion batteries will be crucial as the global auto industry goes electric.
Lithium's incorporation into cars would lead to a win-win situation for both the battery and automobile industries. Rising oil prices and growing environmental concerns have placed pressure on the automobile sector for a source of green growth. As automakers shift from gasoline to voltage, they need batteries that not only can quickly and easily be recharged, but are also more able to facilitate long-distance travel and are light and compact enough to fit into cars. This will give lithium providers the perfect opportunity to expand their business.