Lithium batteries are fairly new science and there is little really definitive info around. The best source I have is Battery University.com and info I receive form the manufacturer. Even our battery supplier can only give us educated guesses.
As for your questions, if you used the VML every day, and completely discharged it and completely charged it every day, indeed it would probably be depleted in about one year.
But this would not be normal, likely usage, because of the very high capacity (130 Wh) of VML batteries, compared to around 40 Wh for Profoto B1, Elinchrom Quadra Ranger Hybrid Lithium and similar.
In a typical VML session, chances are you will only use perhaps 1/4 to 1/2 the capacity available during a session. In such use, if you fully charge the VML after each use, the battery will likely last 2-4 years.
Another factor is the Watt Hours drawn from the battery compared to it's Wh capacity. A large capacity Lithium battery operating at a relatively low Wh load can last from 500 to 800 charge recharge cycles, While a low capacity battery driving a high current load (i.e. Profoto B1 or Elinchrom Ranger Quadra) might last for only around 125 to 150 charge cycles.
Systems using the latest LiFePO4 Lithium batteries, such as our new VLX™ can last from 1200 to 1500 charge cycles, with a storage life of over 10 years. Thus, while the VLX battery costs significantly more than the VLM battery, it costs a fraction of replacement VLM or other NMC batteries in long-term usage.
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