Flux Power’s advanced lithium battery packs approved for use in Toyota and Raymond lift trucks

Both new and old class III walkies to benefit from the emerging technology.
By Josh Bond, Associate Editor
February 12, 2014 - MMH Editorial

Flux Power Holdings, an innovator in advanced lithium energy storage systems, has received approval to sell its lithium battery solution for Toyota and Raymond “walkie” lift trucks.

Following an extensive testing process, the Flux LiFT-24V-TRW battery pack was approved for use in Toyota and Raymond Class III lift trucks, both for new trucks and as a replacement option for existing trucks. Toyota is the world’s number one selling lift truck manufacturer, selling under both the Toyota and Raymond brands in the U.S.

“Toyota and Raymond are leaders in researching and commercializing new technologies to improve power and performance in the electric lift truck market,” said Ron Dutt, Flux Power CEO, in a recent interview. “This approval represents a significant step for Flux in achieving industry acceptance and expanding awareness for a battery pack that will benefit customers through lower operational costs and improved fleet efficiencies.”

According to Dutt, lithium-ion battery packs have a much lower total cost of ownership (TCO) as compared to traditional lead-acid batteries. Lithium-ion batteries require no watering or other maintenance, can be opportunity-charged at any state of charge and will fully recharge in as few as two hours but no more than seven hours for the largest packs. Although the batteries come at a much higher initial cost than lead-acid alternatives, their significantly longer life span is a major contributor to their lower TCO. Dutt also confirmed that each battery comes with a five-year warranty – the average lifespan of a walkie lift truck.

Dutt said that the Toyota testing and approval process does not substantiate Flux Power’s product marketing claims, but does confirm functionality and compatibility. Certain models of Toyota and Raymond walkies will sport stickers indicating the units are compatible with Flux LiFT-24V-TRW lithium-ion packs and will not compromise a warranty.

“Flux lithium batteries, as compared with lead acid batteries, last longer between charging and deliver a higher sustained performance level,” said Dutt. “Our solution addresses customers’ pressing need for longer runtime. We’ve found that the initial adopters are the purchasing managers of larger fleets who are very sensitive to total cost of ownership compared those who are focused only on acquisition price. It’s a very compelling option for them, and we think the balance of the market will move to taking that sort of longer term view.”



About the Author

image
Josh Bond
Associate Editor

Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce.


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.