Lithium-ion (Li-ion) batteries are used in many areas of our daily living:

Mobile phones

Computers

Cameras

Power tools

Powered motion e.g. bicycles, cars and golf carts

The use of Li-ion is expanding rapidly in the materials handling equipment market with manufacturers offering Li-ion as an integrated solution across their product ranges

Materials handling equipment current market:

95% lead acid

Less than 5% Li-ion - estimated (25% growth forecast per annum over the next 5 years)

*Source: VDI conference 2016