{"id":2215,"date":"2015-02-20T18:24:29","date_gmt":"2015-02-20T18:24:29","guid":{"rendered":"http:\/\/www.forkliftaccessories.com\/forkliftblog\/?p=2215"},"modified":"2023-11-14T21:21:04","modified_gmt":"2023-11-15T03:21:04","slug":"chinese-battery-company-next-big-thing-forklift-batteries","status":"publish","type":"post","link":"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/","title":{"rendered":"Chinese Company Has a Big Idea in Forklift Batteries"},"content":{"rendered":"<p><a href=\"https:\/\/www.forkliftaccessories.com\/wp-backend\/wp-content\/uploads\/2013\/04\/10492130-forklift-driver-handling-goods-in-distribution-warehouse-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-589 size-medium\" src=\"https:\/\/www.forkliftaccessories.com\/wp-backend\/wp-content\/uploads\/2013\/04\/10492130-forklift-driver-handling-goods-in-distribution-warehouse-1-300x200.jpg\" alt=\"Using your forklift breaks is imperative in all phases of material handling.\" width=\"300\" height=\"200\" \/><\/a><\/p>\n<p>China&#8217;s largest battery maker believes it has discovered a new type of power supply that is faster, cheaper and more efficient than anything used up to this point: Iron-Phosphate.<\/p>\n<p>BYD Company Ltd. first introduced the concept of iron-phosphate batteries &#8212; known as &#8220;Fe&#8221; batteries &#8212; at the LogiMAT trade show in 2013 and unveiled a prototype forklift powered by the innovative &#8220;green&#8221; technology at the 2014 CeMAT show.<\/p>\n<p><strong>European Invasion<\/strong><\/p>\n<p>Now the company is ready to rolls out its new Fe battery forklifts across Europe, according to Javier Contijoch, BYD&#8217;s European forklift director.<\/p>\n<p>&#8220;Now we are 100 percent market ready in Germany, the Netherlands and Belgium, with a strong and experienced sales and service network in place and have other countries due for development later this year,&#8221; Contijoch told <a href=\"https:\/\/www.shdlogistics.com\/news\/view\/byd-hits-europe-with-unique-iron-phosphate-battery-forklifts\" target=\"_blank\" rel=\"noopener\">SHD Logistics<\/a>.<\/p>\n<p><strong>Cheaper, Better, Faster<\/strong><\/p>\n<p>The specialized batteries require significantly less time to charge than traditional lead-acid batteries, plus they offer dramatically extended battery life &#8212; possibly lasting longer than the forklift itself.<\/p>\n<p>Typical charging time for Fe batteries is 60 to 120 minutes, compared to four times that amount for lead-acid batteries used in most electric forklifts today. Plus, Fe batteries can be &#8220;topped off&#8221; with short 10-minute bursts of recharging during down time or breaks to add up to 45 minutes of working time to the vehicle.<\/p>\n<p>The Fe battery consumes 40% less electricity during charging than the standard lead-acid battery, resulting in lower energy bills and carbon emissions, according to a BYD <a href=\"https:\/\/www.byd.com\/news\/news-237.html\" target=\"_blank\" rel=\"noopener\">news release<\/a>.<\/p>\n<p><strong>A Green Battery?<\/strong><\/p>\n<p>Plus, the Fe battery is &#8220;greener&#8221; than other existing technologies because it vents no hydrogen gasses while charging, unlike lead-acid batteries which have to be charged in vented areas. Charging stations can be positioned directly adjacent to break areas so it&#8217;s quick and easy for drivers to &#8220;park and plug&#8221; between jobs.<\/p>\n<p>Iron-phosphate batteries also don&#8217;t contain any heavy metals or acid, making them safer when dropped, crushed or overcharged. And the don&#8217;t heat up the way lead-acid batteries do. Nor do they require daily and weekly battery maintenance because they don&#8217;t need to be continually topped off with distilled water.<\/p>\n<p>&#8220;The upshot of all this is a very dramatic savings when using an iron-phosphate battery in a single-shift, five day a week operation,&#8221; the BYD news release stated. &#8220;The astonishing lifespan of a BYD iron-phosphate battery creates a further layer of savings, because even after 4,000 charging cycles, these amazing power cells retain over 75% of their original capacity.<\/p>\n<p><strong>Hydrogen Fuel Cells Offer Another Option<\/strong><\/p>\n<p>Fe batteries aren&#8217;t the only forklift power source seeking to topple lead-acid from the top of the forklift power supply heap. <a href=\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/disadvantages-fuel-cells-outweigh-benefits\/\" target=\"_blank\" rel=\"noopener\">Hydrogen fuel cells<\/a> are also promoted as being more environmentally friendly than traditional lead-acid batteries, gasoline or other types of power. And companies like <a href=\"https:\/\/www.reconditionedforklifts.com\/blog\/forklift-news\/fuel-cell-makers-stock-rises-big-order-wal-mmart\" target=\"_blank\" rel=\"noopener\">Wal-Mart<\/a>, <a href=\"https:\/\/www.reconditionedforklifts.com\/blog\/forklift-news\/lowes-turns-hydrogen-power-forklifts-georgia-facility\" target=\"_blank\" rel=\"noopener\">Lowe&#8217;s<\/a>\u00a0and Sysco already have climbed on the fuel cell bandwagon, using them on at least a portion of their forklift fleets.<\/p>\n<p>But despite this, there seems to be a reluctance on the part of forklift fleet managers to commit to this cutting-edge power supply.<\/p>\n<p>Steve Dues, vice president for Crown Equipment, said some fleet managers are reluctant to commit to fuel cell-powered forklifts.<\/p>\n<p>&#8220;There are a number of (return on investment) considerations that have yet to be fully resolved,&#8221; Dues told <a href=\"https:\/\/www.dcvelocity.com\/articles\/20141230-almost-ready-for-takeoff\/?utm_campaign=Target+Report+2015&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=15447698&amp;_hsenc=p2ANqtz-80JwWRCQsuxn9xr6l5lQIYID8SGWMYZciCLpRXPW1X4TPgmZ38jrnWIQN90XYopyikEjvi9ovq9oXvA3VNRvY8IQDXOA&amp;_hsmi=15447698\">DC Velocity<\/a>. &#8220;These include the complexity of the technology, total cost of ownership, reliability issues, and the absence of a refueling infrastructure to support widespread adoption.&#8221;<\/p>\n<p>Other concerns include the need for further technological development, high acquisition costs, and the limited number of fuel cell suppliers currently in the marketplace.<\/p>\n<p>Another concern is the federal 30 percent fuel cell investment tax credit, which is set to expire next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s largest battery maker believes it has discovered a new type of power supply that is faster, cheaper and more efficient than anything used up to this point: Iron-Phosphate. BYD Company Ltd. first introduced the concept of iron-phosphate batteries &#8212; known as &#8220;Fe&#8221; batteries &#8212; at the LogiMAT trade show in 2013 and unveiled a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[219,145],"class_list":["post-2215","post","type-post","status-publish","format-standard","hentry","category-forklift-accessories","tag-featured","tag-forklift-battery-safety"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese Company Has a Big Idea in Forklift Batteries<\/title>\n<meta name=\"description\" content=\"A Chinese battery maker believe iron-phosphate batteries are the forklift power supply of the future. They are faster, cheaper and more efficient.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese Company Has a Big Idea in Forklift Batteries\" \/>\n<meta property=\"og:description\" content=\"A Chinese battery maker believe iron-phosphate batteries are the forklift power supply of the future. They are faster, cheaper and more efficient.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\" \/>\n<meta property=\"og:site_name\" content=\"ForkliftAccessories.com Blog\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-20T18:24:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-15T03:21:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.forkliftaccessories.com\/wp-backend\/wp-content\/uploads\/2013\/04\/10492130-forklift-driver-handling-goods-in-distribution-warehouse-1-300x200.jpg\" \/>\n<meta name=\"author\" content=\"Dan M\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ForkliftItems\" \/>\n<meta name=\"twitter:site\" content=\"@ForkliftItems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dan M\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\"},\"author\":{\"name\":\"Dan M\",\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/#\/schema\/person\/08816af5362fdf6897194efd62748963\"},\"headline\":\"Chinese Company Has a Big Idea in Forklift Batteries\",\"datePublished\":\"2015-02-20T18:24:29+00:00\",\"dateModified\":\"2023-11-15T03:21:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\"},\"wordCount\":611,\"image\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.forkliftaccessories.com\/wp-backend\/wp-content\/uploads\/2013\/04\/10492130-forklift-driver-handling-goods-in-distribution-warehouse-1-300x200.jpg\",\"keywords\":[\"featured\",\"forklift battery safety\"],\"articleSection\":[\"Forklift Accessories\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\",\"url\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/\",\"name\":\"Chinese Company Has a Big Idea in Forklift Batteries\",\"isPartOf\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/chinese-battery-company-next-big-thing-forklift-batteries\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.forkliftaccessories.com\/wp-backend\/wp-content\/uploads\/2013\/04\/10492130-forklift-driver-handling-goods-in-distribution-warehouse-1-300x200.jpg\",\"datePublished\":\"2015-02-20T18:24:29+00:00\",\"dateModified\":\"2023-11-15T03:21:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.forkliftaccessories.com\/forkliftblog\/#\/schema\/person\/08816af5362fdf6897194efd62748963\"},\"description\":\"A Chinese battery maker believe iron-phosphate batteries are the forklift power supply of the future. 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