LiIon batteries can be safely (enough) charged at the rate advised by their manufacturers. Faster may be possible and may be "safe" but all guarantees are off and shorter life or instantaneously very short life are definite options.
Added last. This table from the battery university reference below provides excellent comment on LiIon charging times.
The manufacturer specified maximum charge current is C/1 (= 1A per Ah of capacity) but some specify C/2, a few 2C, and some specialist cells may allow much higher charge rates.
This current is applied until Vmax is reached - typically 4.1 or 4.2 V.
This voltage is maintained and the battery draws decreasing current under its own "control" until a charge termination decision is made.
Under constant current ramp up Vmax is reached at about 66% to 85% of full capacity - probably typically around 80%? At 1C 80% of capacity is reached in 80% of 1 hour = 48 minutes. SOME fast chargers declare charging complete here- so some may seem very fast without doing anything clever except stopping early.
This is the optimum storage point for long life.
Current will now ramp down towards zero in a non linear fashion under battery chemistry control. The lower it gets the slower it goes. Some chargers will terminate charging at say 33% of full current, or 25% or 20% or 10%. To get maximum possible capacity the current must be allowed to fall to a low % of max so can take much longer than the time taken to put in the first 80% or so. So some chargers may stop at say I=33% of max and take 2 hours all up, and others may stop at 10% of Imax and take 4 hours - and all may be close to identical in general principles.
Due to the slow decreasing-current tail being an essential part of a truly full charge, doubling the Imax to say 2C will only make charging somewhat faster due to long decreasing-current tail.
Here's a better than usual comment on LiIon charging.
Battery University - Charging Lithium Ion Batteries
Text from there - note comments on "miracle chargers".
The Li‑ion charger is a voltage-limiting device that is similar to the lead acid system. The difference lies in a higher voltage per cell, tighter voltage tolerance and the absence of trickle or float charge at full charge. While lead acid offers some flexibility in terms of voltage cut‑off, manufacturers of Li‑ion cells are very strict on the correct setting because Li-ion cannot accept overcharge.
The so-called miracle charger that promises to prolong battery life and methods that pump extra capacity into the cell do not exist here. Li-ion is a “clean” system and only takes what it can absorb. Anything extra causes stress.
Most cells charge to 4.20V/cell with a tolerance of +/–50mV/cell. Higher voltages could increase the capacity, but the resulting cell oxidation would reduce service life. More important is the safety concern if charging beyond 4.20V/cell. Figure 1 shows the voltage and current signature as lithium-ion passes through the stages for constant current and topping charge
http://batteryuniversity.com/learn/article/charging_lithium_ion_batteries
There are new lithium based chemistries and new mechanical arrangements which allow lithium based cells to be charged at faster rates. If the manufacturer says it is so it indeed may be. I've seen apparently standard LiIon cells with 2C charge ratings but the norm is 1C max. (see above)
A major factor in lithium Ion lifetime and rate problems is the significant change in mechanical volume as Lithium metal gets added to or taken away from portions of the cell. Such issues are a significant factor in establishing LiIon cycle lifetimes. One attempt to improve this involved making a structure which remained in place when the lithium plated in and out giving mechanical stability. This lead to a reduction in available capacity die to soace being taken by the structure, and other effects lead to a reduction in maximum terminal voltage BUT gave us the Goodenough (great name) battery aka liFePo4 with about 60%+ the capacity and 15% less terminal voltage and vastly more longevity and more robust electrical characteristics. [Goodenough is easier to remember than the actual inventor Akshaya Padhi - a membr of Goodenough's research team).
Goodenough interview 2001 !!! Wow !!!
You're on the right track. Lithium batteries take what is called a "Constant Current, Constant Voltage" or CC-CV charge profile.
Constant Current:
When the battery is discharged, you begin charging it by applying a fixed current (at the battery's voltage). Typically this current is somewhere in the neighborhood of 1C (the current required to completely discharge the battery from full over the course of 1 hour - i.e., for a 1000mAh capacity battery, 1C would be 1 Amp). Check the specifications for your battery, however, as the best charge current may be more or less than 1C. Because this phase of charging is performed at a single current, it is called "Constant Current".
Constant Voltage:
As the battery charges, its voltage will rise to the maximum battery voltage. Once the battery reaches this voltage, it is not completely charged, but continuing to charge it at the same constant current will cause its voltage to exceed the maximum voltage. Therefore, the charge current must now be tapered off to maintain a fixed voltage on the battery. After some amount of time, the charge current will become very small, and this indicates that the battery is completely charged. Because the objective of this phase of charging is to maintain a constant voltage on the battery, it is called "Constant Voltage".
The charge algorithm can be summarized as follows:
- Apply a constant charge current to the battery (Constant Current
mode)
- When the voltage hits the max battery voltage, transition
to Constant Voltage mode, applying a continuously decreasing current
to maintain the constant voltage on the terminals.
- At some small current, turn off the charger altogether and the battery is charged.
This photo has a nice visualization of the voltage and current throughout the charge cycle:
Your idea to use a power supply set at the max voltage and with a current limit set to the max charge rate of the battery would work just fine. You would have to manually turn the supply off at the end of charging.
Best Answer
So-called "fast chargers" convert the input voltage (5V or 9 V) into charging voltage for the Li-Ion battery, which is typically 4.2 or 4.35 V most of time, depending on battery's particular type. The idea of "fast charging" at elevated input voltage is to diminish input losses across charging cable and connectors by having "more voltage at less current", the same idea as is used in high-voltage AC transmission lines in common electrical grid.
Having less losses on input side, the "fast charger" can deliver higher current to the battery, in order to charge it "faster". And higher current produces more heat inside the battery (heat gets generated from parasitic internal resistance of the battery), and from DC-DC converters (higher voltage difference is less effective, and higher currents on output side also generate more heat. So the "fast-charging" smartphone usually feels quite warmer than when charged in ordinary mode.