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Lithium-Ion Technology: The Next Generation Of Forklift Efficiency

Lithium-Ion Technology: The Next Generation Of Forklift Efficiency
Lithium-Ion Technology: The Next Generation Of Forklift Efficiency

As environmental concerns and fluctuating oil prices continue to push consumers toward alternatives to traditional internal combustion (IC) engines, forklift operations have increasingly looked toward electric vehicle solutions over the last decade.

Customers are now buying far more electric forklifts than those powered by IC engines.

Electric forklifts now make up 70 percent of total sales, and with increasing demand for electric power comes a need to provide a solution that provides all of the benefit of IC without a loss in productivity.

Lead acid batteries have been a capable solution for years, and they continue to dominate the market today. It is estimated that lead acid batteries power 90 percent of electric forklifts in operation.

But a new player has emerged on the scene in recent years and is revolutionizing the way some companies do business. Lithium-ion battery (LiB) technology represents the next generation of forklift efficiency, and experts say that LiB market share in electric forklifts will grow significantly over the next five years.

So, what’s all the hype about? Does lithium-ion make sense for every customer? Is it true that lithium-ion is better for the environment than lead acid? Here’s what experts at a few of the top LiB manufacturers had to say.

Interested in Summit’s Lithium-Ion Forklifts? Check out our selection of lithium-ion standard equipment below. If you don’t see a forklift that interest you, feel free to reach out to us if you would like to change to a lithium-ion battery for your current electric forklift.

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