The alarming energy crisis and the shift in world climate is a clear indicator of the urgency of switching to cleaner energy sources at every level. As the future of energy storage solution, Lithium-ion battery technology provides sustainable changes in transforming our way to store and consume energy.
Lithium-ion batteries have been widely adopted in the production of electric vehicles. In the material handling market, Li-Ion batteries became popular mainly with entry level pallet trucks due to the introduction of the EPT 12EZ from EP Equipment in 2016. Since then, entry level pallet trucks are mainly produced with Li-Ion batteries, though the technology used can differ quite significantly, leading to different characteristics and safety standards. Larger equipment has been available with Li-Ion options for several years already, but at the same time it was always extremely expensive and paid off mainly in heavy duty, 3 shift application. With the development of new trucks, this obstacle can be eliminated, and all categories of material handling products can be powered by Li-Ion technology in the near future, according to EP Equipment studies.