BSLBATT Lithium. The China Leader in Industrial Lithium-Ion Batteries

BSLBATT lithium is one of the largest developers, manufacturers and integrators of lithium-ion batteries for forklift trucks in the China. specializing in Lithium-ion batteries for over  20 years including all brands and models of lift trucks (Class I, II, and III), Ground Support Equipment, aerial lifts, and storage energy more. BSLBATT Lithium operations cover the China, America, Europe and CIS countries. BSLBATT’s Lithium client portfolio includes leading multinational companies.

The forklift lithium batteries market reaches $ 2.5 billion and is growing rapidly. The company sells large quantities of industrial batteries for warehouse equipment.  Our batteries have already replaced these famous forklift brands: Toyota, Yale, Hyster, Crown, TCM, Linde, Doosan, etc. We offer a 5 years or 10000 hours warranty and can provide CE, ISO9001, UN38.3, and IEC test reports to our clients. It’s been highly recognized by customers, dealers, and manufacturers.

Lithium-ion batteries accelerate the development of the conservative forklift lithium batteries market. The companies who use them manage to improve their competitive positioning on the market as the batteries provide higher machinery performance.

While competitors are mainly focusing on R&D activities, BSLBATT lithium is commercializing lithium-ion battery technology. BSLBATT lithium is able to reach specific market niches via increase of its sales as well as better product adaptation for client needs. The company aim is to committed to becoming China's No. 1 in exporting LiFePO4 forklift batteries for the replacement lead acid battery market. This strategy has allowed the company to enter into Global market rapidly.

BSLBATT lithium acts as ‘change ambassador’ in relation to new technologies implementation. The company is continuously investing in technological development. It has been exploring new chemical compositions for batteries that could reduce the cost of the product, balance, and improve it. New developments are quickly implemented in the production process and are gradually becoming new benchmarks on the market.

BSLBATT’s practical expertise leads the way in the forklift lithium batteries market. Our excellent design ability of engineering support us to manufacture the large product line of lithium-ion batteries for the Material Handling Industry on the market—950 and counting. All models are supported by the proprietary BSLBATT Lithium advanced battery data management system. Our lithium-ion batteries are tailored to forklifts’ use in a wide range of industries, including food and beverage, paper, pulp, and forest products, industrial manufacturing, distribution and logistics, retail, consumer goods, and utilities. BSLBATT Lithium-Ion batteries are unmatched in reliability, and our responsive network of global distributor service coverage allows you to forget about the batteries and focus on operations. 

Company

The story of BSLBATT Lithium  started in 2012 when it was selling batteries for warehouse equipment. Rather quickly the company founders realized that the market needed a product with multiple levels of quality and characteristics. At that time, none of the existing battery manufacturers were able to offer such a product. Our production base in Anhui and Huizhou is the first professional forklift lithium batteries factory in China. We mainly produce the Cells and whole Battery Pack, with an annual output power of over 500 million Wh. In total, we have 280 employees, including 20 technicians, 17 QC staff, a strong management team, and major engineers with over 16 years of experience in lithium-ion battery production. We own 36 patents for inventions and utility models and 5 software copyrights. 

BSLBATT’s Lithium three product lines are:

● Standard batteries for forklift trucks and other warehouse equipment;

● Frost batteries, operating even at extremely low temperatures (-30℃ and below);

● Low-voltage batteries with reduced functionality and lower cost.

We have cooperated with the Hefei University of Technology and other domestic technology research centers. We will always keep improving battery BMS and cell performance, with a focus on providing better quality and service to our clients.

The company developed its own battery management platform (GPS+GPRS)to help clients to use the batteries more efficiently. GPS+GPRS enables the uninterrupted operation of the batteries, managing them remotely, and monitoring their performance.

The company does a lot to ensure that the maintenance of its batteries is as simple as possible. It has developed a special modular component system that allows for repair of the batteries without disassembling them. This approach streamlines service department training in order to accelerate the lithium batteries’ expansion into the market.

BSLBATT Lithium has invested in increasing the voltage used in batteries as well. It enhances significantly the efficient energy use for warehouse equipment. Such industry leaders as Hyster-Yale Group support the company in this initiative and willingly contribute to the promotion of high-voltage batteries on the market.

Challenge

The demand for material handling machinery is growing globally, paralleling growth of the economy and the increase of consumption. The US market is rather stable and highly segmented. It is represented by several major brands (Toyota, Raymond, Hyster-Yale, and others) and plenty of small manufacturers. Loaders are divided into various classes, have numerous modifications, while all of them have similar features. Due to this, manufacturers can no longer compete at the product functionality level and are looking for new ways to improve competitive positioning on the market.

This situation has led to several new trends. First, the market share of electric forklifts is growing. They are replacing the machines working on internal combustion engines. Forklifts on storage batteries have already taken 60% of the market, while the Internal Combustion Engines (ICE) is getting more restrictions due to the toxic emission.

Secondly, the battery market itself is changing. Lead-acid batteries are the absolute leader now. These batteries are cheap, easy to  produce, and have 99% of market share. However, the technology itself was developed in the 19th century and does not meet modern requirements for energy: efficiency, eco-efficiency, recharge time, etc. Lead batteries should be charged 8-12 hours uninterrupted. When they are half discharged, their power output decreases significantly. Such batteries should be replaced at least once during the lifetime of the loader. Also, lead batteries are cheap to produce, but extremely expensive in terms of service. They require highly skilled personnel as wells as constant monitoring and control because the battery compartment requires ventilation and special maintenance. As a result, the most common Lithium-Ion batteries for forklifts are outdated in many aspects.

The market needs energy-efficient, eco-friendly, reliable, and safe technology to replace the outdated ICE, to lead and accelerate the new structure of the stagnated forklift market. The technology corresponding to the needs of the automation era is in high demand. Robots work constantly and therefore need a constant source of energy. Lead and ICE are no longer meeting these requirements.

Solution

There are two technologies able to replace ICE and lead ones at the moment: hydrogen cells and lithium-ion batteries. However, hydrogen fuel cells are not yet competitive. They provide a reliable and environmentally friendly solution, but the cost of such power plants is too high since hydrogen is explosive and should be stored under special conditions. The infrastructure for producing hydrogen is not sufficiently developed yet.

Lithium-ion batteries have already proven to be a convenient and efficient solution. They are actively used in consumer technology and have made a real revolution there: cell phones, laptops, digital cameras, video cameras, and electric cars, to name a few. They are lightweight and energy-efficient, have low maintenance costs and low self-discharge level. Lithium-ion batteries do not have a ‘memory effect’ (i.e., they do not need to be completely discharged before charging to retain the capacity). Their charging time is 1-2 hours. They reduce energy consumption by 25% compare to lead-acid batteries and are characterized by moderate environmental risk.

Lithium-ion batteries maintenance costs are significantly lower in comparison to lead-acid analogs. However, lithium-ion batteries are highly dependent on the operating temperature and contain complex electronics that makes them more ‘demanding’ in terms of operation than lead-acid batteries. To resolve this, special software and hardware solutions for battery management are required. The competitive struggle between different manufacturers of forklift’s brands is now concentrated precisely on such solutions.

Please read: LFP LITHIUM BATTERIES LIVE LONGER THAN NMC

Market

Currently, the share of lithium-ion batteries in the battery market for forklifts is less than 10%. However, it is expected to grow to 20% or more by 2022 as the industry is interested in retrenchment, productivity upturn, and switching to the environmentally friendly technologies.

There are also other stimulating factors for the market development. The cost of lithium-ion batteries maintenance is already substantially lower compared to lead-acid batteries and it continues to decline. The lions share of Lithium-Ion Batteries is now mined in the salt springs of Latin America. Over the past few years, new sites have been developed with a breakthrough in production technologies. Therefore, within the next 3-5 years the price of Lithium-Ion Batteries is expected to decrease by 40-45%, which will eventually reduce production costs.

So far, the market sees lithium-ion batteries for forklifts as a relatively new technology. However, these Lithium-Ion Batteries batteries will soon become a benchmark in the world of industrial batteries and will be in high demand. A large market unlocks great opportunities and tests the sustainability of a product at the same time. Only companies such as BSLBATT Lithium, which respond to market needs and are able to commercialize their solutions, will pass that sustainability test.

BSLBATT Lithium is more than just a manufacturer – our partners know us for always going the extra mile to meet the customer’s needs and support our dealers. We have helped businesses all across United States, Colombia, Mexico, Canada, Jamaica, Honduras, Israel, Poland, Croatia, South Africa, United Kingdom, Spain, Germany, Thailand and etc. )transition from diesel, LPG, and traditional lead-acid batteries to the more technologically advanced, economic, and safe forklift lithium batteries Whether you’re a longtime lithium-ion battery user or still considering the switch, BSLBATT Lithium can provide you with a tailored power solution.