Lithium batteries are essential in applications ranging from consumer electronics to industrial-grade machinery and electric vehicles (EVs). Understanding the lifespan and total cost of ownership (TCO) of various lithium battery types can help users make informed choices that balance cost, longevity, and performance. This article provides a comprehensive comparison of several popular lithium battery types, including LFP (Lithium Iron Phosphate), NMC (Nickel Manganese Cobalt), and NCA (Nickel Cobalt Aluminum), among others. Comparing Lithium Battery Lifespan and Total Ownership Cost Across Different Types Lithium Battery Comparison by Lifespan and Total Cost of Ownership Battery Type Charging Cycles Lifespan Charging Time Run Time per Charge Optimal Operating Temp. Stable Temp. Range Total Ownership Cost Cost per Cycle LFP (Lithium Iron Phosphate) Up to 15,000 10-15 years 3-5 hours 4-6 hours -20°C to 60°C Excellent Low Lowest NMC (Nickel Manganese Cobalt) 1,500-3,000 5-8 ...