LIB (Lithium-ion Battery) is an abbreviation for lithium-ion battery technology, which stores electricity using lithium ions and is rechargeable.

LIBs have a high energy density while being lightweight, making them commonly used in various electronic devices and transportation means such as smartphones, laptops, and electric vehicles.

They can undergo repeated charging and discharging cycles and have a relatively low self-discharge rate, making them suitable for long-term use.

Additionally, LIBs provide high voltage and output, making them an efficient and sustainable energy storage solution that is garnering attention.