BurtKwok-

My understanding is that Jungheinrich (and by association MCFA) are actively promoting Lithium powered Class 1,2,3 trucks in the EU and NA market. Hyster-Yale also announced an 8 or 10 (sorry can't remember, but I did read the presser) Ton Lithium Powered truck for the EU market only (for now). H-Y also use Lithium for their 4000# pallet trucks. Raymond has a development agreement with Brammo and Crown has a development agreement with Alelion.

BYD's strategic advantage is that they have designed their truck around Li-Ion use. The traditional manufacturers are going to have some hurdles to overcome...do they run two production lines (Lead-Acid trucks and Lithium trucks)? Very expensive. It's likely that they keep to business as usual, and secure a drop-in Lithium supplier for their Lead-Acid trucks, but again, they will suffer a capacity disadvantage, because of BYD's design. I pencil out about 43 kW of power with BYD's 80volt, 600AH set up. In a 6000# 4 wheel sitdown. The best we can do with a Lead-Acid version is about 27 kW. Check my math, these are rough numbers.

I've commented on Fuel Cells, so let me just summarize and write they present many challenges...and I understand the 30% Federal Tax Credit was not passed, so there's another one...cost.