“Lithium-ion is the fastest growing and most promising battery chemistry; replacing the old nickel-cadmium batteries”. What could be the reason(s) for it?

  1. Lithium ion batteries are cheaper in cost
  2. They have low self discharge rate
  3. They have a higher energy density
  4. They are able to operate at higher voltages

Select the correct option from codes given below:

Answer: [C] 2, 3 and 4 Only

Lithium ion batteries have 40 percent higher cost compared to nickel-cadmium batteries.All other statements are correct.

This question is a part of GKToday's Integrated IAS General Studies Module