The way things are going and the improvement of electric counter balance forklifts it quite a good assumption that the market will grow towards electric trucks. The North American ports are now looking at going all electric in the coming years for all their equipment and the market share for North America is around 60 percent now electric on counter balance forklift. The only real market for IC will be China and these will be manufactured by local manufactures
Electric in the last couple of years have made large improvements in efficiency, the only problem is the infrastructure and battery limitations but hydrogen fuel cell technology will change this and over time electric will be a lower overall life time cost compared to IC forklifts
a couple of years ago i would have fully agreed that electric would never take over IC as the main supplier of power for counter balance forklifts. now with the improvements and new technologies its only a matter of time even in larger forklifts it will all go electric in some way either battery or Hydrogen fuel cell
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