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Lithium batteries have a wide range of applications, except for automotive electric vehicles, UPS power supply, energy storage, computer room communication, forklifts, iron towers, base stations and other scenarios can be applied. Currently, most lithium-ion battery vehicles are used in areas such as commuters, electric maintenance vehicles, sanitation and cleaning vehicles, and short distance buses. However, due to the fact that most of the operations of forklifts are carried out within the factory area, the work intensity and environment are fixed, and the work intensity is generally strong. Therefore, many advantages of lithium batteries can be reflected in electric forklifts.

1、 What are the advantages of lithium batteries in forklifts?

（1）Fast charging speed

Lithium batteries rely on their own chemical properties to meet faster charging speed requirements, with a charging time of only 2 hours from 10% to 100%.

（2）Charging without memory

The memoryless charging characteristics of forklift lithium batteries enable them to be charged randomly and intermittently without affecting their lifespan. Users can efficiently utilize their work and rest time to replenish their battery, making it convenient for them to coordinate their work. During the charging and discharging process, lithium batteries experience minimal energy loss and maintain their rated output power regardless of the remaining battery capacity.

（3）Long service life

Lithium iron phosphate batteries have a lifespan of over 4000 cycles (approximately 24000 hours of operation). In practical use, lithium iron phosphate batteries still have a capacity of over 65% after being used more than 4000 times.

（4）Wide discharge temperature range

Lithium batteries have good discharge performance at high or low temperatures between -20 ° C and 60 ° C. At -20 ° C, the discharge efficiency of lithium batteries is 80% to 90%.

（5）Improve operational efficiency

Lithium ion battery fast charging mode, 1-3 hour fast charging mode suitable for multi shift operations. Ready to charge and use eliminates the time and safety risks of battery replacement, provides stronger power, and can completely replace internal combustion forklifts. Technical monitoring of forklift and battery status to improve forklift management level.

（6）Has special performance

The use of lithium batteries on forklifts can also generate various special performance lithium batteries by changing the formula, providing various power support for the innovative design of forklifts. If it can be made into a low-temperature lithium battery, its performance cannot be achieved by lead-acid batteries.

2、 Development prospects of lithium batteries in the field of forklifts

The emergence of lithium battery forklifts is a trend, and the rapid development of the logistics industry requires a forklift with short charging time, long usage time, stable performance, ability to withstand high-intensity operations, and high degree of automation and intelligence. The emergence of lithium batteries has added a bright spot to the development of the forklift industry.

The rapid development of lithium-ion battery forklifts depends on policy orientation, market and societal demands. At present, the overall technical level of domestic lithium-ion forklifts is not high. In order for relevant companies to truly enter this field, they must break through some technical bottlenecks, such as battery consistency and power management system (BMS) compatibility.

Driven by multiple factors such as the acceleration of forklift electrification trend, continuous decline in power lithium battery prices, and increasingly strict regulation of the lead-acid industry, the penetration rate of lithium battery forklifts in electric forklifts will exceed 55% in 2020, and their demand for lithium batteries will increase from 1.3GWh in 2017 to 5.4GWh in 2020, with a compound annual growth rate of over 50%. The market prospects for lithium-ion battery forklifts are enormous.

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