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Why are lithium-ion batteries important?

Among the developed batteries, lithium-ion batteries (LIBs) have received the most attention, and have become increasingly important in recent years. Compared with other batteries, LIBs offer high energy density, high discharge power, high coulombic efficiencies, and long service life [16, 17, 18].

Are lithium-ion batteries the future of battery technology?

Conclusive summary and perspective Lithium-ion batteries are considered to remain the battery technology of choice for the near-to mid-term future and it is anticipated that significant to substantial further improvement is possible.

Are lithium-ion batteries a good choice?

Nonetheless, lithium-ion batteries are nowadays the technology of choice for essentially every application – despite the extensive research efforts invested on and potential advantages of other technologies, such as sodium-ion batteries [, , ] or redox-flow batteries [10, 11], for particular applications.

What percentage of lithium-ion batteries are used in the energy sector?

Despite the continuing use of lithium-ion batteries in billions of personal devices in the world, the energy sector now accounts for over 90% of annual lithium-ion battery demand. This is up from 50% for the energy sector in 2016, when the total lithium-ion battery market was 10-times smaller.

Should lithium-ion batteries be commercialized?

In fact, compared to other emerging battery technologies, lithium-ion batteries have the great advantage of being commercialized already, allowing for at least a rough estimation of what might be possible at the cell level when reporting the performance of new cell components in lab-scale devices.

How will lithium-ion batteries change the world?

It is also expected that demand for lithium-ion batteries will increase up to tenfold by 2030, according to the US Department for Energy, so manufacturers are constantly building battery plants to keep up. Lithium mining can be controversial as it can take several years to develop and has a considerable impact on the environment.

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