The XE series electric forklifts adopt the 80V double permanent magnet synchronous motor system, which brings higher power density and reduces about 20% energy consumption than that of the traditional asynchronous motor models in the same working conditions.
What’s more, it enjoys a very low total cost of ownership thanks to the maintenance-free batteries and energy efficiency. So this will be an affordable and perfect alternative to IC forklifts.
(Source: Hangcha Talk https://www.hcforklift.com/talk/detail/131)