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Diesel vs. Electric Forklifts: Cost Comparison

Dec. 02, 2024

Diesel vs. Electric Forklifts: Cost Comparison

The cost of operating a forklift is always something that many customers care about when investing in a forklift. &#;Is the selling price of forklift trucks commensurate with its use value?&#; or &#;Is the total cost of ownership (investment cost + operating cost + maintenance, repair, etc.) always be considered when customers are investing in forklifts.

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In addition, concerns related to forklift selection come with costs such as: &#;In the long run, which type of truck is more beneficial between a diesel forklift and an electric forklift?&#;

1. What are the costs of operating a forklift?

To operate a forklift, we need to determine and calculate the following costs:

Operating fuel costs

This is the issue that most people care about. Because it plays an important role in the total operating costs.

Factors affecting operating fuel costs such as: Fuel cost, engine type and engine capacity of the forklift, the use time of the forklift (the longer the forklift is used, the more it consumed fuel)&#;

Repair, maintenance costs

With a newly invested forklift, in the first 2 years, periodic maintenance and repair of damage which is caused by factory defects is covered by the warranty policy.

After the warranty period expires, the costs related to maintenance, repair,etc&#; need to be calculated in detail, including: cost for technical personnel, cost of consumables, spare parts, cost of productivity loss due to wear and tear of machinery, cost of truck rental during repair&#;

Operating costs are always something that many customers care about when investing in forklifts

Other costs

In addition, when operating a forklift, there are other costs such as operating personnel costs, operating safety costs, truck breakdown repair costs, forklift accidents, etc.

However, to compare operating costs between diesel forklifts and electric forklifts, the costs in this section are considered to be the same, so we only consider two main types of costs such as: fuel costs and maintenance, repair costs.

2. Operating fuel costs comparison

We already know the difference in fuel / operating energy of 02 types of diesel forklifts and electric forklifts, that is, one side uses diesel, the other uses electricity.

Although the initial investment cost of an electric forklift is higher, considering the cost of fuel and operating energy, everyone assumes that the cost of an electric forklift will be less than a diesel forklift, in fact how?

Using a common basis for calculations, that is:

&#; Forklift capacity: 03 tons

&#; Usage period: 03 years

&#; Operating time/day: 8 hours

According to information from manufacturers and experience in operating electric forklifts, in 1 hour of operation, electric forklifts can consume about 5 electricity numbers, in 8 hours it is 40 electricity numbers.

Diesel forklifts have higher fuel costs than electric forklifts

Meanwhile, the operating fuel cost of a diesel forklift is ~03 liters of oil/working hour, equivalent to ~24 liters of oil per working day. With the current oil price ~ 24,500 VND/liter, the cost of operating fuel for diesel forklifts is ~ 588,000 VND / 8 hours of operation (1 day).

We can see that the fuel cost of a diesel forklift is much higher than the fuel costs of an electric forklift, however, we all know that the initial investment cost of an electric forklift is significantly higher than a diesel forklift.

3. Repair, maintenance costs comparison

Information from manufacturers and experience from forklift operators indicates that the maintenance, servicing and repair costs of electric forklifts are also cheaper and simpler than diesel forklifts, refer the below information:

Maintenance and repair costs of electric forklifts include: hydraulic oil change, transmission oil change, gear oil change&#;, distilled water (for lead-acid batteries), replacement or repair of the battery (if any) and other expenses.

The company is the world’s best 5 ton forklift diesel consumption per hour supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.

Maintenance and repair costs of diesel forklifts include: changing filters, changing engine oil, changing hydraulic oil, gear oil and other costs.

4. Continuous operating time comparison 

It is easy to see that diesel forklifts have a higher continuous operation efficiency than electric forklifts because customers just need to add fuel then can continue to operate, while electric forklifts need time to recharge.

5. Depreciation between diesel forklift and electric forklift comparison

Depreciation of forklifts or depreciation of fixed assets are subject to the provisions of the law. Specifically, according to the provisions of Appendix 01 of Circular 45//TT-BTC, forklifts have a minimum depreciation period of 6 years and a maximum of 10 years, regardless of diesel forklifts or electric forklifts.

However, because of the peculiarities of the operating conditions of diesel forklifts and electric forklifts, there is a difference in depreciation.

Depreciation costs are also an expense to consider in the operating cost of forklifts

After using for about 6-7 years, diesel forklifts require more frequent maintenance and replacement of worn and damaged parts to be able to operate effectively.

With electric forklifts, after about 4-5 years, or about - times of charge, the battery will reach its lifespan. Customers should save the budget to replace the battery for stable working performance.

6. Conclusion

According to the above information, combined with the practical experience of forklift operators, during the first 3 years, the cost of ownership (investment cost + operating cost) of a diesel forklift or electric forklift is almost the same.

However, in the long run, the cost of ownership for a diesel forklift is much higher, due to the large difference in operating costs.

In order to choose the suitable forklift for your business needs, many factors need to be considered. For more information on choosing a diesel forklift or an electric forklift, you can refer to the below article:

https://yale.com.vn/en/news/electric-forklifts-versus-internal-combustion-engine-forklifts&#;which-is-better

Please contact Yale Forklifts Vietnam via Hotline: .461.728 for the most detailed advice on forklifts in particular and handling equipment in general.

Saving fuel hand in hand with high performance

7 Mar

With twelve new diesel and LPG trucks in the 5 to 8-tonne load capacity range, Linde Material Handling has raised the remaining vehicles of its 39X series to the advanced EVO standard. The customers, who mainly come from the beverage, construction materials and paper industry as well as from the foundry sector, can now benefit from up to 20 percent fuel savings compared to the previous version. In addition, numerous new technical features make the compact, yet powerful trucks Linde H50 to H80/ EVO even more efficient and safer to use. Moreover, the forklifts are cleaner than ever thanks to extensive exhaust aftertreatment.

State-of-the-art engine technology and the change to electronic drivetrain control ensure a high level of fuel efficiency. Along with the large ratio range of the variable displacement pump and motors of the hydrostatic Linde drive, optimised engine characteristics and high performance can be achieved at low speeds. Further saving potential arises from a choice between three different drive modes &#; Economy, Efficiency and Performance. These can be preselected so that vehicle performance matches individual customer requirements.

Even more finely tuned hydrostatics and configurable driving dynamics manifest themselves to the operators by bringing about up to 20 percent reduction in fuel consumption. And this pays off: Based on 5,000 operating hours in accordance with the VDI cycle and an assumed price of one euro per litre of diesel fuel, savings add up to 4,500 euros.

Transport of wide and swaying loads

Linde has retained a particularly proven design feature, which at the moment is only being used in this series: the torsion support and the associated torsion rack. The latter is attached above the overhead guard on the mast in addition to the overhead tilt cylinders and is fed between the torsion supports on rollers. Thanks to the firm connection between the mast and overhead guard, the torsional forces acting on the mast are reduced by up to 30 percent. Stability increases &#; especially when lifting wide or swaying loads, or goods with a high load centre, thus allowing faster handling. At the same time, the torsion rack takes over the function of an overhead guard, moving along when the driver tilts the mast forwards or backwards. This special design forms the basis for high residual capacities and therefore additional safety, e.g. when it comes to moving heavy paper rolls, laminated timber or block clamps. All the 8-tonne vehicles retain their full rated load capacity up to a height of 6.5 metres.

Further safety and comfort measures

The diesel and LPG forklifts of type Linde H50-H80/ EVO are equipped with the Linde Engine Protection System (LEPS) and the Linde Curve Assist as standard. Both features ensure greater operational safety, whilst increasing the availability and economic efficiency of the trucks at the same time. The LEPS monitors important engine parameters such as the oil level, oil pressure, cooling water level and temperature and it indicates any necessary maintenance to the driver on the display. Designed as a multi-stage warning and protection system, it will even revert to creeping mode, if necessary. The Linde Curve Assist reduces driving speed during cornering proportionally to the steering angle, thus ensuring operational safety. Linde is the only manufacturer worldwide to provide this function as standard, without any additional cost.

The driver&#;s workstation is designed to provide a relaxed seating position. Decoupled from the drive and steering axle via rubber-metal bearings, it absorbs a high level of vibrations and shocks and protects the driver from hazardous whole-body vibration. Thus the decoupled workstation makes a valuable contribution to the observance of human vibration limits according to EU Directive /44/EC. This requires operators to measure and assess actual vibrations and to take appropriate action if limits are exceeded.

Clean AdBlue® technology

Just as in its new heavy diesel forklift trucks HT100Ds to HT180Ds, Linde employs the latest emission reduction technologies for its new H50-H80 EVO series too. The diesel engine from Deutz has in-engine features such as exhaust gas recirculation and additional aftertreatment with AdBlue® technology in order to reduce nitrogen oxides (NOx). This means it meets EU Emission Directive /26/EC Level 4 in the performance range from 56 to 130 kW, which requires an 88-percent reduction in the allowable nitrogen emissions. However, not only does Linde meet these stringent limits, it goes above and beyond. The turbocharged 85-kW common-rail diesel engine with particulate filter and SCR catalyst using AdBlue® additive ensures that carbon monoxide, nitrogen oxide, hydrocarbon and particle emissions even remain on average 64 percent below the specified EU limits.

In exhaust aftertreatment, the emissions go through a selective catalytic reduction (SCR) after having passed the diesel particulate filter. The AdBlue® solution leads to a redox reaction of nitrogen and ammonia, in which a large part of the nitrogen is converted to water. Another, especially low-noise clean-up catalyst then removes the smell of ammonia. In commercial vehicles AdBlue® technology has been used for several years. Linde has now transferred this clean technology to its new EVO forklifts Linde H50 to H80. The customer benefits: Fuel savings and environmental protection hand in hand.

Attractive extras

Moreover, Linde offers a variety of optional extras for its diesel and LPG trucks. The whole vehicle can be fitted with LED lighting, for example, thus significantly extending the operating life of the lamps. Steered anti-spray mud flaps which follow the tyre movement and prevent dirt from the ground splashing against the counterweight can also be fitted. Furthermore, the new CS (closed shoulder) superelastic tyre from Continental is available for this series. Developed in cooperation with Continental, these tyres are available ex works exclusively and feature a special tread pattern and a closed shoulder, so that they offer reduced rolling resistance, cause less noise and have a longer operating life. LPG vehicles feature a significantly lower filling device that facilitates the refuelling process.

Contact us to discuss your requirements of 10 ton forklift truck manufacturer. Our experienced sales team can help you identify the options that best suit your needs.

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