If your engineered product has already achieved some success in the marketplace, you may be searching for ways to increase revenue even further. After all, companies that fail to grow are often left behind as competitors become stronger.
While your application may excel in areas such as design, engineering and innovation, using a lead acid batteryisn’t recommended. Socially conscious customers prefer lithium-ion batteries for environmental reasons. The environmental movement has gained heavy traction in recent years, creating soaring market opportunities for green products.
Many people associate the beginning of the environmental movement with the push for legislation against harmful pesticides in the 1970s. However, public concern for the environment dates back to the 1830s and 1840s, so demand for greener products certainly isn’t new.
How does your product fit within the environmental market landscape? If you haven’t done so already, consider switching to a better battery solution. Rechargeable lithium-ion batteries offer the following benefits:
1. Lithium-ion Batteries Conserve Energy
Your potential eBike, solar energy system or electric boat customers may be interested in your product to reduce their fossil fuel usage. Equipping your application with a lithium battery helps prevent energy waste, as lithium charges at 99 percent efficiency compared to 85 percent efficiency for lead acid.
Plus, customers must apply wasteful, saturating 14-hour charges to some lead acid batteries to preserve battery health. Even worse, the lead processing industry uses huge amounts of energy, which leads to excess pollution.
2. Lithium Reduces Material Waste
Rechargeable lithium-ion batteries have a life span 10 times longer than lead acid batteries, which means they need to be manufactured less frequently. Also, lead acid batteries require more raw materials to achieve the same energy storage powers as lithium. Just think about all of the resources you conserve by choosing a lithium battery for your application.
3. LiFePO4 Chemicals Are Non-Toxic
While lead acid battery packaging is usually sufficient for short-term protection, lead is highly unsafe for human health. Lead acid batteries that aren’t recycled degrade and poison the environment. On the other hand, lithium iron phosphate (LiFePO4) chemicals are non-toxic and non-carcinogenic. Plus, they contain no heavy metals.
If your product uses a lead acid battery, you may be losing sales. Premature battery failure, a low usable capacity and inconsistent power delivery are common complaints about lead acid batteries. Customers expect more from your power source.
It’s best to invest in the most efficient battery solution. Many people trust lithium technology for its product performance benefits. Lithium-ion batteries increase your application’s speed, require less frequent charging and reduce excess weight.
When you choose green lithium-ion technology to power your application, many marketing opportunities open up, such as working with environmentally focused publications to spread the word about your product. You can also position yourself as a progressive industry leader by choosing lithium batteries for your product.