How Lithium Batteries, Rental Industry, Can Help With Forklift Lead Times

The long life cycle of lithium batteries increases equipment utilization to extend the use of lift trucks until the new equipment finally arrives.©romaset – stock.adobe.comAs the world recovers from the turbulent years of 2020 and 2021, we are seeing all sorts of repercussions across different sectors of the economy. Unprecedentedly long lead times for durable consumer goods and industrial equipment alike are among these consequences.With a lack of actual inventory for sale, dealers of material handling equipment (MHE) are seeking new revenue sources and adding rental and retrofit business models to the traditional sales and lease of new equipment. This is where lithium technology can help. The long life cycle of lithium batteries significantly increases equipment utilization so one can extend the use of lift trucks until the new equipment finally arrives.Lack of inventory and…

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