yeh, my venom 11.1volt lipo charges upto 12.54 volts. but, when the battery needs to be re-charged(when the low-voltage cutoff kicks in) the battery reads 10.8-11.3. like what was mentioned, they show the nominal voltage, not the max. that max voltage may only last a short while, then you really have 7.4-7.8 volts for the majority of your use.