Managing Director, Corporate Advisory & Business Ventures at Indian Ocean Corporate Chairman Catalyst Managerial Group
Anyone who has a bit of understanding of Forklifts knows that they are extensively used in most industries, warehouses, logistics and factories to do the heavy weightlifting. However, the traditional forklifts use old acid-based batteries that are terrible for environment and can expose workers to danger by way of explosions or acid leaking and gas emissions. To protect workers there are various safety regimes that need to be put in place. Further, the battery recharging is a slow time-consuming process in the old battery technology. This sounds like
BYD Forklifts - A major leap forward in Industry Innovationgreat for environment, worker safety & lower cost with Rolls Royce quality
1970/80's story but is part and parcel of current day industrial operations where many companies are placing tremendous focus on environment and health/safety of workers.
Thanks to BYD's expansion plans for Australia, now the Companies operating 70's style of Forklift technology can stop using this obsolete piece of equipment and jump into state-of-the-art modern technology that has revolutionized the Forklifts through innovation in battery technology. Interestingly enough, the upgrade provides a zero emission, safe and reliable solution that is more cost effective through efficiency gains and low maintenance. In short, it’s a no brainer for large companies or SMEs to upgrade and realize the major benefits E-Forklifts is offering through its exclusive distribution of BYD Forklifts.
We at the Indian Ocean Capital (IOC) are delighted with the opportunity to partner with E-Forklifts to assist with the development of their Strategic Business Plan for Australia and a business expansion road map. Mr Zia Q Qureshi, Managing Director, Strategic Advisory and Business Ventures, is leading the IOC team of senior advisers to develop a high growth strategy for the Company. Mr Qureshi said that the potential for the Company is enormous given that it has a big competitive edge in all key areas: environment, safety and efficiency. There are not too many options for companies that give high impact on Corporate Social Responsibility and improve the bottom line at the same time, not to mention workers' health & safety.
The Company's Chairman, Mr Jack Chen, is a Chinese Australian business leader who believes Australia must benefit from its close relationship with China by gaining access to innovative solutions that are environmentally and economically beneficial for Australia.
Mr Chen pointed out that he loves old technology but it should only be used occasionally on weekends.
Mr Chen said: "the whole world is benefiting from BYD technologies, particularly the USA and Europe, through electric forklifts, trucks, cars and other products. So, we must find ways to bring these high tech solutions to Australia. The large global companies would always go for the big markets and consider Australia a bit small but I believe Australia must be at the forefront of adoption of the latest technologies as it has done in the past. I am very pleased with the opportunity to pave the way for BYD products in Australia". https://www.eforklift.com.au/
"I am very pleased with the opportunity to pave the way for BYD products in Australia".
[Jack Chen, Chairman E-Forklift Australia]
Mr Chen said that BYD electric counterbalance forklifts are ergonomically designed to reduce operator fatigue and optimise productivity. The use of a single battery and an ultra-fast charge reduces the costs of operation, potentially saving thousands of $'s per year. In addition, revolutionary BYD Iron-Phosphate technology represents a commitment to the environment and safety.
Alex Qi, CEO, E-Forklift is pleased with the market penetration already being achieved in Australia: "we are getting a great response from the customers and they can easily see the value proposition we are offering. I believe we will succeed in becoming a major player in the market".
E-Forklift has already signed up significant customers such as Visi, InterCentral Logistics, EWE Logistics and Pinnacle Hardware.
Mr Qureshi explained that BYD is a powerhouse company of the future with a wonderful vision of reducing the world's dependency on oil and innovation that radically reduces dangerous emissions. The Company's products are aimed at zero emission and zero pollution, making the world a better place. Today, company employs a workforce of 220,000 in 40 countries and has fantastic portfolio of customers and products including cars, trucks, buses, battery solutions and not to forget, the sateof-the-art forklifts.
Our Strategic Business Plan development effort for the Company's BYD products will provide a pragmatic business expansion plan to fast track growth over the next three years. We see ourselves as a longer term partner of E-Forklift and would also be working alongside management during the implementation of the Strategic Business Plan.
BYD has been the world’s largest electric vehicle manufacturer for the past three years running, in both consumer and commercial/industrial electric vehicles. Last year BYD sold more than 113,000 plug-in electric vehicles worldwide and currently has nearly 40,000 electric buses in service around the world. BYD employs over 20,000 engineers globally, constantly innovating in order to make the world a better place.
At the heart of BYD’s technology is its batteries. One of the largest rechargeable battery manufacturers in the world, BYD develops batteries for a broad range of applications from cell phones and laptops to large-scale, grid-connected energy storage systems. BYD’s non-toxic IronPhosphate battery chemistry makes it the safest choice available on the market today.
BYD is a publicly traded company with 60% of its stocks owned by U.S. investors. Warren Buffett’s Berkshire Hathaway is the largest single shareholder at 8%.
