Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s): NILIF

Metals & Mining Industrial Metals & Minerals

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

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Surge Battery Metals Inc. > Lithium Advantages for EV batteries

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Post by deepoil0808 on Jan 20, 2024 3:52pm

Lithium Advantages for EV batteries

Advantages of Lithium-ion Batteries

Energy Capacity: Lithium-ion batteries have a high energy-to-weight ratio, making them ideal for use in EVs. They store a lot of energy and can power an EV for hundreds of miles before needing to be recharged.
Fast Charging: LIBs can be charged quickly, reducing downtime for drivers and allowing them to get back on the road faster. This is especially important for long-distance travel.
Long Lifespan: Compared to other types of batteries, LIBs have a long life span, which means they don't need to be replaced as often. This translates to lower maintenance costs over time.
Low Self-discharge: LIBs have a low self-discharge rate, so they can be stored for long periods without losing their stored energy.