A COMPREHENSIVE RESEARCH PAPER ON LITHIUM-ION BATTERIES- ADVANCES AND CHALLENGES OF BATTERY MANAGEMENT SYSTEMS (BMS)

Lithium-ion batteries (LIBs) have revolutionized the energy storage landscape due to their high energy density, long cycle life, and efficiency. Widely used in portable electronics, electric vehicles (EVs), and renewable energy systems, LIBs are pivotal in the transition to a low-carbon future. This paper explores the working principle of LIBs, key components, recent advancements, current limitations, and potential future developments.