Hyster Yale buying Maximal makes no real sense they already have a deal with HC forklifts for the Utilev trucks so unless they have got out of this deal HC will still produce for the Utilev brand.
Maximal only produce around 6,000 units per year with a capacity of 30,000 and paying 90 mill dollars for just 75% equity is not really a good deal. Maximal are looking to get into the port equipment market but only supply and very small number of these trucks to the local market, and with the likes of Sany and Heli already dominating the local Chines market were will the new Hyster Yale maximal truck fit. One area might be the new Hyster Yale maximal company might look to supply another manufacture under a badge agreement to enter the local market
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Agree with you heightlift. Aircraft batteries that are lithium ion have failed in early life. Boeing 787 Dreamliners were grounded during the investigation, so you can't say failure is age / cycle related.
But who would be liable if a lithium battery set a fire the forklift OEM, the dealer or rental company who supplied the truck. If its the dealer or rental company then a major fire could bankrupt the company.
Its now been shown that lithium iron batteries can and will catch fire because of their chemistry and over heating, if the battery management system develops a fault then this might also cause a fire because of over heating in the battery. If you are the customer you will want to be claiming against somebody if your forklift set your facility a fire because of a fault.
Insurance companies are always looking for a way out and not to pay a claim
Forklift's have set on fire without lithium battery's. There is always going to be a certain amount of risk.
well as Linde Gas are the worlds largest producer of Hydrogen you would expect them their PR side to say they are investing massively in Hydrogen production. But who will be the end user of all this hydrogen certainly not the materials handling industry its just to expensive and unpractical to use. The lithium battery failure was not the plane its self but a mobile phone. What we are seeing is the older or more charge a lithium iron battery gets the more likely the chances of a fire happening. Now if a Lithium iron battery set fire in a forklift and burnt the warehouse or factory down who be resonanceable, would it be the OEM who supplied the truck probably so does this meen that for every forklift or peace of warehouse equipment with a lithium iron battery they sell. there could be a good chance they might be liable for millions of dollars of damages if their truck battery was to catch fire
The way I read it donkey punch was asking you a direct question that you not so neatly sidestepped, going for a career change in politics?? Your comments re hydrogen are at odds with lined gasses massive investment in the production of hydrogen. Hardly likely to do that with no market. With regards to lithiun iron batteries the technology is sound all the publicised failures, including aircraft batteries have been because of poor manufacture or misuse, which can have the same effects with any power source or stored energy system.
Probably more than yours, with 100% better technology
Still cant hide the fact that Hyster Yale increased turn over decreased profitability, and are now look at a massive loss on their Nuvera business. With in three years the hydrogen economy will be dead and berried, meaning Hyster will need to have a couple of $100 million wright down on Nuvera.
Hydrogen as a fuel is just to expensive and in efficient to be able to be run commercially in materials handling equipment plus the vibration on a counter balance forklift working in an outside environment would shake the fuel cell and damage it. Lithium iron batteries are now showing there own limitations and dangers, just the other day a mobile phone battery Exploded on a Ryanair flight meaning the plane had be evacuated.
So what was your turnover and operating profit for 2017? Empty can rattles loudest,. Deeds not words........ take your pick!!
See Hyster Yale operating profit for second quarter of 2018 are doing well down by around $10 million on 2017. With what is coming around the corner for hydrogen fuel cell that will result in a massive wright down in The Nuvera business. Looks like Hyster yale are well on their way to be sold to a Chinese manufacture like Hangcha
Regular or extra strength?
OK is can you show that anything i have put is not true because i can show it is
Exhalt, have you ever heard of a product called EXLAX available here in the U.S. ? Not only is it available in regular or extra strength, it would probably get the right output from the right end of your body, maybe a name change to the same is in order.
You are still full of it.
The only thing that has been proven on here is that everything i have said has been proven write.
Hyster yale will make massive losses over the next number of years
and heres why
1 Big forklift 12.6 % of sales are big trucks Big trucks are made in Nijmegen in Holland but sell mostly in North America. with Donald trump planning tariffs on this type of equipment and Hoist and Toyota now entering the North American market together this will cause Hyster a large problem
2 Hydrogen fuel cell, hyster has a very large black hole in their hydrogen fuel cell business a $35 Million lose in EBITDA IN 2018 ALONE , companies like Plug power and Ballard are way more advanced than hyster in this area and their systems can drop into any electric forklift. Also Hydrogen will be surpassed as a fuel with in two years as there to many problems with it.
3 maximal is a $110 million black hole just waiting, the Chinese government who control all Chinese forklift manufactures will not let an americain company get a good foot hold in this market, what Maximal will do how ever is take hyster technology and share it with other Chinese manufactures. Also Hangcha will approach all the Hyster dealers sell their Utilev truck and offer them the same truck at a lower price meaning hyster will have direct competition with in their own dealer network. Sany and ZPMC are already looking like they are working together on container handling equipment so maximal will be no were, they produce around 6,000 small forklift up to 4,000kg a year so this was a nice payday for the maximal management and with another $10 million due
4 the hyster big electric truck won't happen , there is not the battery technology today to give a good enough range on its own and if they try to go fuel cell it would need over 50kg of fuel a day and at at least $.6.50 per kg it will just be two expensive, then it will be at least 60% more expensive than a normal big truck
Now you can pretend all this won't happen and put on here from your yale management point of view and even say this is not even true and its me being full of it.
But we both know it is true don't we
Im from Mars as far as your concerned , besides you have proven to everybody you are full of it.
what Bait you asked the question i offered the answer its quite straight forward
hears is what you said As far as yale /hyster is concerned nobody on these forums know as much as the yale /hyster corporations management teams. I take it your from Yale because every body i know call the company Hyster Yale , you how ever call it Yale hyster
Hyster is now set to lose quite a bit of money over the next number of years and the maximal deal is one that will seal their fate to be taken over
No , what it means is I am not taking the bait.
I cant post it because its in part of a file, triumphrider made an assumption about what i said and questioned. if what i said was actually true. so i have given him the opportunity to email me and i would send him the info its that simple he can then make up his own mind. The fact he hasn't emailed to me says he knows what im talking about and knows the info im on about.
Why don't you post it here so we can all see?
why don't you just email is stead of making assumptions. You would be surprised what you see.
You make these assumptions i offer to email you proof of what i have said and you carry on making assumptions
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