How Much Does A LifePo4 Lithium-Ion Forklift Battery Pack Cost?

In virtually all industries, productivity and efficiency are two crucial factors that influence the rate of success. Companies have a limited number of hours to do their thing in the daytime. Therefore, if they can come up with any strategy that will enable them to do more within a shorter period, it puts them at advantage over their competitors. For the majority of multi-shift applications, li-ion forklift batteries are providing companies with that extra edge. That is achieved by improving productivity and reducing labor costs.
This post will see us go through a lot of frequently asked questions about lithium-ion forklift batteries, including how much they cost.

What is the cost of lithium-ion forklift batteries?
On the average, lithium-ion forklift batteries cost between $17,000 and $20,000. That is two or three times the normal cost for a forklift lead-acid battery. This high cost has been giving some people cause for alarm. For instance, they want to know if it is worth splashing all that money on lithium-ion forklift batteries. As a result, this post will do some explaining to show you what you stand to gain when you purchase lithium-ion forklift batteries.

Energy bills – It is quite obvious that lithium-ion forklift batteries are more energy-efficient when you compare them to other battery types. They charge almost eight times faster than their lead-acid counterpart. This translates to lesser use of energy when charging the battery.
Lifespan – Lithium-ion batteries have an amazing lifespan. They can last for extended period, even if you are the most carefree person on earth. They are sure to last like four times the lifespan of an average lead acid battery.

Downtime – Downtimes are not uncommon with lead acid batteries because they can only supply power for a limited amount of time. However, if you are using a lithium-ion battery for your forklift, the last thing you need to worry about is downtime. Their super-charging speed means they only need a short break to be charged to 100%. No need to swap batteries as is the case with lead acid batteries.

Labor costs – One of the things that make lead acid batteries more costly in the long run is maintenance. Thankfully, the use of lithium-ion batteries does not entail any of that. Using a lithium battery does not require any form of maintenance. None whatsoever! That implies that your expenses on labor will be dramatically reduced with li-ion forklift batteries.

Productivity – You are bound to enjoy extended runtimes with better performance when using lithium-ion forklift batteries. This can be attributed to its slow rate of discharge. This privilege is exclusive to lithium batteries for now. Lead acid batteries have disappointed users most times in the past given its awfully high discharge rate.

Hazards – Lead acid batteries pose real threats for those using it. From emitting harmful gases to possible acid spills, there is a lot of things you need to deal with when you use lead-acid batteries. As for lithium-ion forklift batteries, the story is completely different. None of these matters when you are using lithium batteries. They don’t emit any deadly fumes, and certainly does not occasion any spills. The batteries are completely sealed from where they are manufactured. Moreover, they are not designed to function like lead acid batteries. Another thing is you wouldn’t have to dispose batteries like you would for lead acid batteries. The fact that they can last for incredibly longer periods means you won’t have any reason to throw them away.

Storage space – A lot of space is needed when you use lead acid batteries. On the other hand, lithium-ion forklift batteries have been reduced in size to a great extent. They weigh almost 60% lesser than their lead acid counterpart.

How much time is required to charge a lithium battery?
This is one aspect of li-ion forklift batteries that has particularly caught the attention of many people. This is because of the long hours it takes for lead acid batteries to be completely charged. Those that have bought lithium batteries have attested to its short charging times. You can either decide to charge them for short intervals of say 15 to 20 minutes. Alternatively, you can charge it once for an hour or two. After which, the battery will be available for the rest of the day. It is as simple as that.

How much time can one get from a li-ion battery?
There is no blanket answer to this question as it bothers on a number of factors. One of such is the kind of application. What you are using the li-ion battery for is one thing that will determine how much time you get from it eventually. If it is an equipment that runs on low power, then you are sure to get longer runtime from it. But, if it something that works with a lot of power, then the runtime will be reduced as well.

Is it possible to retrofit a forklift so it works with li-ion battery?
Many people have been discouraged when it comes to buying lithium-ion batteries because they are not sure if will work on their forklift. Well, hear it now if you belong in that category. Converting your forklift so it can function with lithium-ion batteries is absolutely possible. Not only that, it is also important to note that the process is a straightforward one. You only need to install the new battery alongside a charging meter, and you are good to go.
Unlike most other batteries, you would not be spending heaven and earth to retrofit your forklift for it to work with li-ion batteries.

Conclusion
It is obvious that li-ion batteries are quite expensive given how much you have to pay as the upfront cost. But, the truth is that the battery is worth every cent you spend on it. Thankfully, we have highlighted most of those benefits in the earlier parts of this post. So, if you are considering a lithium-ion battery for your forklift, then you are definitely doing the right thing.For more about how much does a lifepo4 lithium-ion forklift battery pack cost,you can pay a visit to Forklift Battery Manufacturer 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.