Local industrial lithium-ion battery distributor CHASE Technologies GM Brent Frazer explains that the company’s lithium-ion phosphate (LiFePO4) battery packs for forklifts present a more cost-effective, maintenance-free and environment-friendly option for forklift users. These battery packs provide a reliable power source when compared to the older, traditional lead acid battery option in forklifts used in materials handling for warehouses.