Due to its low voltage of operation the lithium titanate based batteries offer much safer operating parameters. Lithium batteries provide a variety of design choices to meet a variety of application needs. No single chemistry will meet all the application needs.
Additionally, the manufacturing cost of a lithium titanate battery is estimated to be around ¥234,000 (¥3000 /kWh), while the annual charging cost is significantly lower at ¥26,000 (¥1.1 /kWh) per year. Therefore, the implementation of lithium titanate batteries in mining vehicles offers substantial economic benefits.
Therefore, the implementation of lithium titanate batteries in mining vehicles offers substantial economic benefits. Compared with existing research [, , , , ], it is evident that manufacturing LTO batteries with the same capacity incurs a relatively high environmental cost.
Enhanced Security and Stability: Lithium-ion titanate batteries exhibit higher potential compared to pure metal lithium, minimizing the formation of lithium dendrites.
Outstanding Fast Charging Capability: The unique composition of lithium titanate batteries facilitates rapid charging and discharging at high rates, significantly reducing charging times while maintaining strong thermal stability. In fact, these batteries can reach a full charge in a mere ten minutes.
Lithium titanate battery system is designed for hybrid-electric heavy-duty vehicles. Actual working condition test guides lithium titanate battery system design. The performance of the LTO battery system meet the design expectations. The hybrid-electric heavy-duty vehicle with LTO battery system has a fuel saving rate of 54.9 %.