Why is the price of electric forklift higher than internal-combustion forklift？

Electric forklift and internal-combustion forklift are widely used in storage, logistics and other industries in recent years. Although they are called forklifts, they are very different in all aspects. In terms of the price most concerned by enterprises, there is a huge gap of more than twice between the two. Why is the price of electric forklift so much higher than that of internal-combustion forklift? The electric forklift manufacturer will give you an answer.

First of all, the cost of electric forklift parts is high. Internal-combustion forklift is a kind of machinery powered by engine, using diesel, gasoline or liquefied petroleum gas as fuel. Its engine is generally 490 or 495 of China, and the price is low. Fuels are generally produced in Zhejiang, very cheap too. The gearbox and engine together may be about 10,000 yuan, which is very cheap. Take the electric forklift manufacturer's electric forklift as an example. Its controller, instrument and many other parts are imported, with more advanced technology and higher price. The double battery configuration is more expensive. The electric forklift manufacturer told you that the price of electric forklift’s controller alone is much higher than the complete power unit of internal-combustion forklift.

Secondly, the maintenance cost of electric forklift is high. Assuming that the annual warranty cost of an internal-combustion forklift is 1000, it is almost impossible for the maintenance cost of the electric forklift to be lower than 2000, because its parts are of good quality, high requirements for repair technology and expensive prices. In addition, the sales cost of electric forklift is also high. Although the electric forklift is more and more widely used and favored by many enterprises, its sales volume is slightly lower than that of  internal-combustion forklift because of its limitations. Therefore, in order to obtain certain profits in the electric forklift market, it is necessary to increase the selling price. Electric forklift manufacturer believes that it is precisely because of the high cost of electric forklift in all aspects that its price is far higher than that of  internal-combustion forklift.

However, due to China's increasingly strict requirements for environmental protection and higher requirements for mechanical quality and work efficiency, the market demand for  internal-combustion forklift is rapidly decreasing, and the demand for electric forklift is increasing year by year. More and more enterprises will find that electric forklift has many unique advantages, such as simple maintenance, short maintenance time, environmental protection, noise reduction, safety, etc. Although the price is high, Electric forklift manufacturer still recommends that enterprises choose electric forklift.