08/17/2022
Justifying the cost of upgrading to lithium-ion batteries depends on many factors, including the weight of the loads being moved, the environmental conditions, and the number of continuous shifts the equipment needs to operate.
Costs and efficiencies vary by manufacturer. But in general, lithium-ion batteries offer a lower total cost of ownership than lead acid batteries for relatively high throughput facilities that need multi-shift operations, for cold storage environments, and in facilities that struggle to meet the strict charging schedule of lead acid.
The financial benefits of upgrading
From among the three most popular forklift power solutions, lead acid batteries offer the lowest cost of acquisition. However, in the right application, lithium-ion batteries have the lowest total…