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Commercialisation of replacement lithium-ion forklift battery begins after UL approval

Fri, 07/01/2016 - 10:26 -- Paul Crompton
Commercialisation of replacement lithium-ion forklift battery begins after UL approval

US-based Flux Power has gone into commercial production of its forklift batteries just months after achieving approval from Underwriters Laboratories.

Flux Power aims to assemble 100 packs a month by the end of the summer, and to double that by the end of 2016.

The firm’s Light EV battery packs for Class III pallet jack forklifts, or “walkies”, were listed to UL 2271 certification in February and were designed to replace lead-acid in forklift trucks.

Flux CEO Ron Dutt said there would be a particular focus on ’30 large customer prospects that have already piloted and/or purchased earlier generation LiFT Pack units’.

"Collectively these customers utilise an estimated 22,000 walkie pallet jacks nationwide and therefore represent aggregate sales potential of over $65 million in walkie LiFT Pack units alone,” he said.

“Based on this... we are confident in our ability to achieve LiFT Pack sales of between $3 and $6 million over the next 12 months.”

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