Lithium Iron Phosphate (LiFePO4) batteries are a type of lithium battery that provide several advantages over traditional lithium-ion batteries based on LiCoO2 chemistry. LiFePO4 batteries provide much higher specific capacity, superior thermal and chemical stability, enhance safety, improve cost performance, enhanced charge and discharge rates, enhanced cycle life and come in a compact, lightweight package. LiFePO4 batteries an offer a cycle life of over 2,000 charge cycles.