OK you say we have never produced anything well firstly that's wrong, Secondly what we have said in the past has been shown to be right and what I'm about to say will be shown to be right in the Future.

So lets just say Nuvera & Maximal will drag Hyster Yale down to a point were shareholders will want out and a cut price sale to one of the Chinese manufactures like Hangcha will happen.

Now Lithium iron batteries are a bad idea and hear are two examples of why Heat & the amount of power you need to charge them. Now you defiantly don't seem to understand these batteries. When these batteries overheat they just don't catch fire they explode there is plenty of evidence of this if you look another major problem with these batteries is working in hi heat and hi humidity they loose charge very quickly. Then you have the charging system. Most facilities have the electric capabilities only to charge at 9KWH this is certainly not enough to support a double shift system even with opportunist charging. If a customer wants to go with the larger 30KWH or 150 KWH chargers that would be needed to run a double shift system they would have not only the hi cost of the chargers but also the hi cost of the cabling to enable the chargers to work.

Now for Diesel and other polluting fuels. The thermal runaway is now getting to a very dangerous stage and climate change will start to cause major issues over the next couple of years, this will result in Governments having to change because of pressure from their people. What Governments around the world will do is to start a carbon sequestration program and will pay for this with a 25% tax on polluting fuels. What this would do to an average polluting forklift would be to add around $ 1,500 extra cost per year to a 3 ton forklift around $2,100 to a 6 ton forklift around $5,000 to a 16 ton forklift and a round $8,100 to a laden container handling forklift. Companies when this happens will almost certainly look at zero emission products, Electric prices will also rise if the power station that produces the electric is polluting.

Now this will happen over the next five years