Current Status of Lithium-Ion Batteries, its Future Prospects and Challenges
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Abstract
As a power source, lithium-ion batteries dominate lightweight electronic products, penetrate the electric automobile mart, and are about to enter the electric energy storage service market. The triumph of Mercantile lithium-ion batteries in the 1990s was not attained suddenly but was the outcome of the painstaking study and contributions of many eminent Researchers and engineers. Subsequently, people made many attempts to further progress of the performance of lithium-ion batteries and made some notable improvement. To meet the increasing demand for energy storage, particularly from increasingly popular electric vehicles, intensified research is required to develop next generation. Li-ion batteries with dramatically improved performances, including improved specific energy and volumetric energy density, cyclability, charging rate, stability, and safety. There are still significant burdens in developing the next generation of lithium-ion batteries. In the future, new battery ideas need to be further progressed to improve on lithium-ion batteries. New battery concepts must be further developed to go beyond Li-ion batteries in the future. Brief discussion on popularly studied “beyond Li-ion” batteries is also provided. Compared with all previous refillable battery orders, the sales and profits of lithium-ion batteries have grown rapidly over the past 25 years. The present study focused on the introducing the basic concepts, highlighting the recent progress, and discussing the challenges regarding Li-ion batteries.
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