Lithium-ion batteries work by using a chemical reaction to create electrical energy. They are charged using an external power source, just like lead-acid batteries. However, they have a much higher energy density, which means that they can store more energy in a smaller space. This makes them more efficient and allows them to last longer on a single charge.
One of the biggest advantages of lithium-ion batteries is their long lifespan. They can last for up to 10 years with proper care and maintenance, which is significantly longer than lead-acid batteries. They also require less maintenance and are more efficient, which means that they can help to reduce operating costs over time.
However, lithium-ion batteries are more expensive than lead-acid batteries, which can be a major barrier to adoption for some businesses. They also require specialized charging equipment, which can add to the initial cost of the battery. In addition, they are not as durable as lead-acid batteries and can be more sensitive to temperature changes, which can affect their performance.