From the perspective of operating costs, lithium battery forklifts are lower than lead-acid battery forklifts. The cycle life of lithium batteries is usually between 2,000 and 5,000 times, which is several times that of lead-acid batteries (with a cycle life of 300 to 500 times). 

Moreover, lithium batteries require almost no maintenance during use, eliminating the need for regular water addition or electrode cleaning, which greatly reduces operational complexity and associated maintenance costs. With the vigorous development of the e-commerce logistics industry and the in-depth advancement of the Internet of Vehicles automation, lithium battery forklifts, featuring low noise and zero emissions, have been widely applied in various scenarios with strict environmental requirements,

such as e-commerce logistics and cold chain logistics, and the market demand is showing a rapid growth trend. Additionally, the continuous progress and development of lithium battery material technologies, such as lithium iron phosphate and ternary lithium batteries, are driving down battery costs, enhancing energy density and safety, and thereby increasing the penetration rate of lithium battery forklifts in the market.