Introduction / Background

Electrification is a market trend that involves the volume growth of electric counterbalance (ER CB or ECB) trucks versus Internal Combustion Engine (ICE) trucks. The main reasons that are driving this trend are the following:

• Fuel Cost: Electric trucks can expect to save on energy thanks to the higher systems efficiency.
• Maintenance Costs: There are fewer parts to maintain, such as the maintenance-free oil immersed brakes and brushless AC motors.
• Productivity: Smaller capacity electric trucks are designed and tested to be just as durable and productive as ICE trucks.
• Ergonomics: Electric trucks are quieter with less vibrations making them more comfortable to work on and around.
• Going Green: Many companies and governments are pushing to reduce energy consumption and carbon emissions.