Lithium Ion Battery Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
NVX | C | Novonix Limited | -3.90 | |
CMX | D | ChemX Materials Limited | 0.00 |
Related Industries: Electrical Equipment & Parts Electronic Components
- Lithium Ion Battery
A lithium-ion battery or Li-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode through an electrolyte to the positive electrode during discharge and back when charging. Li-ion batteries use an intercalated lithium compound as the material at the positive electrode and typically graphite at the negative electrode.
Li-ion batteries have a high energy density, no memory effect (other than LFP cells) and low self-discharge. Cells can be manufactured to either prioritize energy or power density. They can however be a safety hazard since they contain flammable electrolytes and if damaged or incorrectly charged can lead to explosions and fires.
A prototype Li-ion battery was developed by Akira Yoshino in 1985, based on earlier research by John Goodenough, M. Stanley Whittingham, Rachid Yazami and Koichi Mizushima during the 1970s–1980s, and then a commercial Li-ion battery was developed by a Sony and Asahi Kasei team led by Yoshio Nishi in 1991. Lithium-ion batteries are commonly used for portable electronics and electric vehicles and are growing in popularity for military and aerospace applications.Chemistry, performance, cost and safety characteristics vary across types of lithium-ion batteries. Handheld electronics mostly use lithium polymer batteries (with a polymer gel as electrolyte), a lithium cobalt oxide (LiCoO2) cathode material, and a graphite anode, which together offer a high energy density. Lithium iron phosphate (LiFePO4), lithium manganese oxide (LiMn2O4 spinel, or Li2MnO3-based lithium rich layered materials, LMR-NMC), and lithium nickel manganese cobalt oxide (LiNiMnCoO2 or NMC) may offer longer lives and may have better rate capability. Such batteries are widely used for electric tools, medical equipment, and other roles. NMC and its derivatives are widely used in electric vehicles.
Research areas for lithium-ion batteries include extending lifetime, increasing energy density, improving safety, reducing cost, and increasing charging speed, among others. Research has been under way in the area of non-flammable electrolytes as a pathway to increased safety based on the flammability and volatility of the organic solvents used in the typical electrolyte. Strategies include aqueous lithium-ion batteries, ceramic solid electrolytes, polymer electrolytes, ionic liquids, and heavily fluorinated systems.
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