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Lithium-ion (Li-ion) and Lithium Iron Phosphate (LiFePO4) batteries are two of the most popular types of rechargeable batteries. These batteries have become increasingly popular in recent years due to their high energy density, long cycle life, and low self-discharge rate. However, many people are confused about the differences between Li-ion and LiFePO4 batteries and which one is better. In this article, we will discuss the pros and cons of each technology to help you make an informed decision.