Lithium-ion forklift battery cost — Are lithium-ion forklift batteries worth the price?

Lithium-ion forklift battery cost — Are lithium-ion forklift batteries worth the price?

Due to their importance and cost-effectiveness, many companies and organizations are investing in Lithium-ion batteries. Many businesses like manufacturing, multi-shift, or cold storage are finally catching up to the lithium battery trend in many industries. However, many of these companies are put off because of the cost of lithium batteries. So, this begs the question – Are Lithium-ion batteries worth the high cost? Funnily enough, a majority of forklift truck operators think so. After paying the cost of a lithium battery, you would benefit from its long-term advantages.

Forklift trucks and China
China is one of the biggest consumer goods-producing countries in the world. This means that they usually handle materials more than any country in the world. This is why there are many forklifts in the country. It is a known fact that about 100,000s forklifts are bought each year in China. Also, every one in four forklifts in the country work with a lithium-ion battery.

What is the cost of a Lithium-ion forklift battery?
Lithium-ion batteries are known to come at a rather high cost than lead-acid batteries. This is why they are considered necessary investments for high productivity. A typical Lithium-ion forklift battery comes with an average price of approximately between $17,000 and $20,000. This cost is nearly about two or three times the cost of a lead-acid battery. While lithium batteries seem to cost very high, they are known for their wide range of benefits. These are advantages of vast industrial importance. Many warehouses and material handling companies usually ignore the upfront costs of lithium batteries. They know that these are batteries that can pay back the capital expenditure used to procure them. If you want a healthy industrial material handling environment, then you should opt for lithium batteries.

Cost of a Lithium-ion forklift battery: What are the benefits?
Spending between $17,000 and $20,000 for a lithium battery comes with numerous benefits. Apart from the fact that they do not need much maintenance, many LIBs are very cost-effective and valuable when in operation. There are many benefits of a Lithium-ion battery. Some of which are:

Save up on your energy bills
Ignore the initial cost of a lithium battery and benefit from its ability to help you save energy bills. Lithium batteries for forklifts have a 30% energy efficiency. They are also known to charge about 8 times faster in comparison to lead-acid batteries.

Longer operation times
Thanks to the long-lasting Lithium-ion batteries, your forklift operator gets to work for extended periods during their work shifts. This means minimal interruption and delays. This is due to the last-longing charge of the Lithium-ion forklift batteries. They can last 2 to 4 times longer in comparison to lead-acid batteries.

Prevent downtimes and utilize charging opportunities
Lithium-ion batteries come at a high cost. However, these costs can be justified because they never experience downtimes. Even better is the fact that you can opportunity charge them whenever your operator is on break.

Cut off labour costs without any maintenance
No labour costs, no problem. Once again, the high cost of the Lithium-ion forklift battery has been justified. Unlike cheaper and inauthentic forklift batteries, lithium batteries do not need watering. They do not need any form of maintenance. They are fully sealed and there are no openings.

Keep your operators highly productive
With the Lithium-ion battery, you can easily increase your throughput. Thanks to its ability to produce sustained power. Your operator gets to work for longer times and there is no reduction in performance levels. The lithium battery discharges in a way that it wouldn’t compromise performance. As long as the battery is operational, it will provide a steady level of performance without any compromises.

A small form factor allows you to utilize its free space
The Lithium-ion forklift batteries have been modified to come in a small form factor. This means that they do not occupy much area in your forklift. This gives you the ability to utilize such free spaces for the storage of other components of the machine.

Is it worth it to buy a Lithium-ion battery?
In Mainland China, a major machine manufacturer was able to save over $1 million every year. This only became possible as soon as the company switched from lead-acid batteries to lithium-ion batteries. With all the attention and maintenance that comes with lead-acid batteries, the company had no idea they were losing money. However, after they did some number-crunching, they soon saw that they were spending nearly $4,800 every day. So, how did this cost come about? They arrived at the cost because they found out that:
• They paid their employees to change up the batteries to times with each shift
• They usually spent more than 15 minutes for each battery change. This amounted to a total daily downtime of 90 minutes.
• They had spent a lot of money on electricity for their lead-acid batteries. Lithium-ion batteries have an energy efficiency of 40%.

JB Battery China: Supplier of affordable and high efficient Lithium-ion batteries
JB Batery China is one of the most reliable suppliers of Lithium-ion batteries in Mainland China. The company have been able to help many industrial and manufacturing facilities in China revamp their material handling operations. JBBattery isn’t just a battery supplier, they can also act as consultants for many manufacturing and industrial companies. They help major production manufacturers strategize and reconfigure their material handling technologies to electric forklifts and other machines. This makes it a lot easier for the company to procure forklift batteries. The battery has supplied about 15,000 Lithium-ion batteries to various consumers all across China. JBBattery is a one-stop-shop for cost-effective and valuable batteries. Their batteries have been discovered to always produce the needed investment made on them.

Since the batteries are used for industrial applications, They tend to pay back the amount of money invested in them. Lithium batteries also have a high and fast rate of return. Thanks to their high energy efficiency and other benefits, they can easily make you recoup your initial investment. Despite the costs, Lithium-ion batteries are highly recommended by many companies.

For more about lithium-ion forklift battery cost — are lithium-ion forklift batteries worth the price,you can pay a visit to JB Battery China at https://www.forkliftbatterymanufacturer.com/2022/06/17/how-much-does-a-lithium-ion-forklift-battery-cost-for-7-different-types-of-forklift-batteries/ for more info.