It is true that Lithium-Ion power solutions have a higher initial cost. However, over a relatively short period of time companies can achieve significant savings when compared to alternative electrification solutions such as Lead Acid or even Internal Combustion Engines and fossil fuels. When you consider the total cost of ownership, lithium-ion power solutions require zero maintenance and increase productivity by reducing charge time. Many companies report up to a 65% savings and ROI within the first 2-3 years. See how much you can save. Click Here

Lithium-Ion Power Solutions have a much longer lifetime than lead-acid so there will be dramatically fewer batteries subject to recycling over time. Also, initiatives are underway to research and support giving lithium-ion batteries a second life, reducing battery waste by reusing end-of-life batteries, and ensuring that the precious materials from end-of-life batteries are not wasted.

Lithium-Ion power solutions perform well in temperatures ranging from -4 degrees Fahrenheit, up to 140 degrees Fahrenheit, which makes them practical for use in any weather conditions. With standard lead-acid batteries the cold can seriously degrade the health and longevity of the unit. Lithium batteries have much better performance at colder temperatures than lead-acid batteries. Lithium Ion batteries warm up when you use them, lowering the battery's resistance and increasing its voltage. Lithium is the clear winner when it comes to cold teperature.

The selection of battery chemistry is important. There are several lithium-ion chemistries to choose from, and each has unique properties. Lithium iron phosphate (LiFePO4) a commonly used chemistry, is chemically stable and has the highest thermal runaway temperature of any lithium-ion chemistry at 270 °C (518F). The news stories of cell phone and laptop batteries catching fire were cobalt-based chemistry that is less chemically stable. Lithium-ion batteries are designed with safety measures such as pressure-relief devices and positive temperature coefficient (PTC) resistors, which act as a fuse.