I would also Just like to point out that over the last 5 - 10 years the materials handling industry has seen major changes, especially in the area of Class one , two and three. The industry has been driven by the needs of major customers Like Amazon and walmart who have required Automation systems. Companies who are required to meet their organizations needs on sustainability have seen manufactures develop solutions Like Plug power Hydrogen power packs or lithium iorn batteries or BYD and their battery system. But this is just the start of what is to come Over the next 5 - 10 years the development of product in the full forklift range not Just in class one two and three but also four and five will see major development. This is being shown with companies Like Carer and Kalmar development of large electric forklifts. But the most far reaching developments are yet to come.
these will be driven by Companies who want three major things these are a Sustainable products ,lower servicing costs, and longer truck life.
Now like with the automotive industry you see companies Like TESLA driving the adaptation of electric cars, In North America you see NIKOLA developing class eight semi trucks powered by Hydrogen and now the main Industry there is trying to catch up.
What will happen in our industry will see different parts offering different solutions for different customers. Customers like Amazon might go hydrogen, a small company might want Lithium ion because it suits it better. A company who trucks work mainly out side might want a different solution. But one thing is going to be guaranteed the industry is going to change and for Manufactures who don't want change they will go the same way as Nokia or Blackbury and new companies will come in and take there place
Who 20 years ago had herd of Google or Amazon who 15 years ago had herd or Netflix or TESLA who 10 years ago had herd of Uber or Airbnb, who's today herd of hyperloop one
This is not listening to whispers or news in the industry it is backed up by years of research not only in the materials handling industry but other industries that are far more developed than the materials handling industry
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