Photo courtesy of BYD

On August 2, BYD Shaoguan Industrial Park held a grand opening event, displaying its assembly line of the world’s first iron battery-powered BYD new energy 3.5T electric forklift. The event featured a ribbon-cutting ceremony. Shaoguan Municipal Party Secretary Zheng Zhentao, Mayor Yi Xuefeng, BYD president Wang Chuanfu, senior vice president Wang Nianqiang and various representatives from government and professional media were present at the event. Wang pointed out that the new energy forklift truck industry will be the future of forklift development. He stressed that the BYD forklift will not only be an innovation as a technology and as a product but will also pave the way for an innovative market.

The New Energy forklift truck will lead the future development of the forklift industry.

Currently, the petrochemical resources that humans depend on are depleting. As well, its extensive use towards urban development causes mass pollution in densely-populated cities. An example was when Beijing and Tianjin experienced severe smog earlier this spring. These problems indicate that environmental protection is unable to be delayed any longer. As the environmental factors become more severe, people’s awareness of protecting the environment becomes more and more prevalent. A product, especially a forklift, which advocates low-carbon and the saving of energy, is attractive to clients. BYD’s iron battery-powered forklift is the world’s first of its kind, producing zero emissions. It has a long life, a high change/discharge rate and is virtually maintenance-free. Compared to the conventional internal combustion forklifts and lead acid battery forklift, the BYD iron battery production process releases no heavy metal pollution or emissions. The charging process does not product acid fog. After the one life cycle, the battery can be recovered for energy storage, making it a true green product that effectively overcomes the manufacturing of lead-acid batteries. BYD’s iron battery is perfect for usage in pharmaceuticals, cold chain, food, and settings such as airports where eco-friendly approaches are necessary.

BYD 3.5T electric forklift broaden the scope of electric forklift industry.

It is reported that the 3.5T forklift truck accounted for approximately a full share of more than 50% in domestic market, while internal combustion forklifts had a full share of close to 80% in 3.5T category. Traditional lead-acid batteries are mainly manufactured for smaller 2.0T forklifts since lead-acid batteries cannot be used for heavy-duty, high-efficiency products. The 3.5T electric forklift market holds a “there is a demand but no product” dilemma. Having quickly achieved the global market with its own technology and industrial advantages, BYD utilizes vertical integration on the basis of integrated innovation. BYD successfully developed its “iron battery” technology applicable to the large-tonnage electric forklift field, being the first to break the large-tonnage electric forklift development bottle neck. The launch of the BYD 3.5T electric forklift greatly broadened the scope of the application of electric forklifts and will provide the logistics of the large-tonnage electric forklift industry with effective solutions.

About BYD

BYD Co., Ltd is a leading-edge provider of green energy technologies that specializes in the IT, automotive, and new energy industries. Being the world’s biggest rechargeable battery manufacturer, BYD also has the largest global market share for cell-phone chargers and keypads. BYD branched out into the auto business in 2003, and has kept a robust yearly growth rate successively. In 2008, Warren Buffett invested $232 million to take a 9.89% stake in BYD. Today, BYD is the fastest-growing Chinese auto company and a global pioneer in the field of new energy vehicles including Dual Mode Electric Models and Pure Electric Models.

Based on its core Fe Battery technology, BYD has worked out a Green City Solution, which aims to electrify urban public transportation systems by transitioning from gasoline and diesel buses and taxis to pure electric ones. In March 2012, BYD and Daimler AG officially announced the entirely new EV brand Denza in China.

In addition, BYD has also focused on the Research & Development and manufacturing of a wide range of new energy products, including energy storage system, solar energy products and LED lighting . For more information, please visit www.byd.com, www.bydeurope.com, www.facebook.com/bydcompany, or [email protected].

This article is a repost, credit: BYD, http://www.byd.com/na/news/news-170.html.

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