MITIGATE THE HIGH PRICE OF LITHIUM-ION BATTERIES WITH AN EXPERIENCED LEASING PARTNER

Companies that employ fleets of forklifts and other material handling equipment (MHE) are making the switch when it comes to the batteries that keep their equipment running. Such equipment has traditionally been powered by lead-acid batteries, but lithium-ion batteries are now replacing them as the top choice.

Lithium-ion batteries are less dangerous than their lead-acid counterparts because they don’t require maintenance and don’t emit fumes. They also require less electricity to charge, and a charge lasts up to three times longer than it would with a lead-acid battery. And where a standard lead-acid battery will last three to five years before it needs to be replaced, a lithium-ion battery lasts up to ten years.

With such clear-cut benefits, it’s easy to see why logistics companies, manufacturers and warehouses have been making the switch. However, they may think twice about this move when they see the price tag. Lithium-ion forklift batteries can cost twice as much as a lead-acid battery.

Companies that deal in physical goods rely on fleets of material-handling equipment. They often manage deployments of their MHE to multiple sites, even in different countries. It’s a challenge to keep a handle on maintenance and repair schedules if a company has large fleets split up among different locations.

This is why manufacturers and logistics companies use a trusted partner like CHG-MERIDIAN when it comes to leasing and managing not just fleets, but the batteries that keep them running.

CHG-MERIDIAN works with a wide variety of battery manufacturers and can offer the best lease terms to companies based on their individual needs. We also manage the full lifecycle of each battery, from the procurement phase through the productive use phase to the end-of-life phase.

Our TESMA® technology management system, where all technical and financial information on mission-critical equipment is stored, offers full visibility into the lifecycle of all equipment and technology, including batteries.

CHG-MERIDIAN is the leasing partner that ensures companies get the full value from lithium-ion batteries by offering customized lease terms and managing the full lifespan of every battery in every vehicle of the fleet.

We are the partner that ensures better batteries don’t add layers of cost and complexity, but remain cost-effective and simple.