A Review of Li-ion Battery Equivalent Circuit Models

Batteries are critical components of electric vehicles and energy storage systems. The connection of a battery to the power grid for charge and discharge greatly affects energy storage. Therefore, an accurate and easy-to-observe battery model should be established to achieve systematic design, simulation, and SOC (state of charge) estimations. In this review, several equivalent circuit models of representative significance are explained, and their respective advantages and disadvantages are compared to determine and outline their reasonable applications to Li-ion batteries. Numerous commonly used model parameter identification principles are summarized as well, and basic model verification methods are briefly introduced for the convenient use of such models.