Here’s why LiFePO4 batteries are better than lithium-ion and other battery types in general: Lithium battery safety is vital. The newsworthy “exploding” lithium-ion laptop batteries have made that clear. One of the most critical advantages LiFePO4 has over other battery types is safety.
The main reason a LiFePO4 lithium-ion battery requires virtually no maintenance is thanks to its internal chemistries. A LiFePO4 lithium-ion battery uses iron phosphate as the cathode material, which is safe and poses no risks. Additionally, there is no requirement for electrolyte top-up, as in the case of traditional lead acid batteries.
Lithium batteries, especially the Lithium Iron Phosphate (LiFePO4 or LFP) ones, have replaced older-style lead-acid and AGM batteries. Even though lithium batteries come at a higher price, the benefits of a lithium battery far outweigh the cost.
Lithium iron phosphate batteries officially surpassed ternary batteries in 2021 with 52% of installed capacity. Analysts estimate that its market share will exceed 60% in 2024.
All lithium-based batteries provide current due to the movement of lithium ions. However, their maintenance requirements differ drastically. Among the various lithium battery technologies, LiFePO4 is the easiest to maintain. However, as any expert will tell you, even the most robust battery needs some maintenance.
LiFePO4 batteries, also known as LFP batteries, are taking charge of the battery world. But what exactly does LiFePO4 mean? What makes these lithium iron phosphate – LiFePO4 batteries better than other types? (Not to be confused with the lithium-ion battery – these are not the same.) Read on for the answers to these questions and more.