All 428 →

Equipment Payments Machines

How much does an electric forklift cost?

Work out what an electric forklift actually costs to put on your floor, not the sticker on the truck but the truck with the battery, the charger and the freight it takes to run. An electric forklift is quoted as a truck price, and that price is real, but it is only the largest of the lines: an electric machine cannot move without a battery and cannot run for long without a charger, and on many quotes those two are priced separately from the truck rather than folded into it. Put in the truck price, the battery, the charger and the delivery, and see what the working machine costs delivered. For reference a standard 5,000 lb class sit-down electric forklift runs roughly $25,000 to $40,000 for the truck, with the battery commonly $4,000 to $10,000 depending on chemistry and the charger $2,000 to $5,000, all rough anchors and editable, so the calculator can price the quote in front of you rather than a typical one.

§ 01 Your numbers

Change anything. The answer updates as you type.

The price of the electric forklift truck itself, before the battery and charger are added. The default is ours and a placeholder, because this one is a quote a dealer writes rather than a published figure.
More
This is the line an electric forklift is sold on, and it is the largest one, so replacing our placeholder with your real quote matters more than any other input here. An electric truck's price is built from its capacity class, its mast height and type, its tyres, and the brand, so a small three-wheel electric for tight aisles is a different world from a big four-wheel machine with a quad mast. For a standard 5,000 lb class sit-down electric the truck alone commonly runs roughly $25,000 to $40,000, but that is a rough anchor, not a promise, and the honest number is the one on the paper in front of you. Watch whether the quote you are reading already folds the battery and charger into this figure or lists them separately, because if they are already in here you would set the two lines below to zero to avoid counting them twice.
The battery pack that powers the truck, priced on its own line. The default is ours and a placeholder; it moves a lot with chemistry, so this is the line to check first.
More
An electric forklift does not move without a battery, and the battery is often the single line that most changes the total, because there are two chemistries and they price very differently. A lead-acid pack is the traditional choice, cheaper up front, heavy enough to double as the truck's counterweight, and needing a charging routine and watering. A lithium pack costs more up front but charges faster, takes opportunity charges during breaks rather than needing a full cycle, lasts longer, and needs no watering, so it can cost less across the machine's life even though it costs more on the quote. For a standard class truck a pack commonly runs roughly $4,000 to $10,000 depending on chemistry and capacity, and that spread is why this line sits on its own: put the pack your quote is written for, and if you are weighing lead-acid against lithium, price each one here with its own charger below.
The charger matched to the battery. The default is ours and a placeholder; a lithium pack usually needs its own faster charger.
More
A battery is only half of the power system: it needs a charger sized to it, and the charger is a real line that a truck-only sticker leaves off. The charger is matched to the pack, so its price moves with the chemistry and the amp draw, and a fast charger for a lithium pack or a high-frequency charger for a big lead-acid bank costs more than a basic unit for a small truck. For a standard class machine a charger commonly runs roughly $2,000 to $5,000, and if you are pricing lithium against lead-acid you would pair each battery above with the charger it actually needs rather than holding this fixed, because the two go together. This line does not include running an electrical circuit to where the charger sits, which is a facility cost your electrician quotes and which sits outside this ledger; it is the charger unit itself.
The freight to deliver the truck to your yard. The default is ours and a placeholder, since freight depends on distance and the machine.
More
A forklift does not drive itself to your yard; it comes on a trailer, so a purchase carries a delivery cost to get it in. How much depends on how far the dealer is, how big the truck is, and whether a liftgate or a ramp truck is needed, and some dealers quote it as a flat delivery fee while others bill the actual haul or fold it into the truck price. It is a modest line next to the truck but it is a genuine one, and it is easy to overlook on a sticker that only shows the machine. If your dealer includes delivery in the quote or waives it, set this to zero; if it is a separate charge on your paperwork, this is where it goes.
Estimated cost
$37,500
  • Electric forklift truck$28,000
  • Battery pack$6,000
  • Charger$3,000
  • Delivery$500
  • Total$37,500
See next steps →

Recommended next steps

Some links below are affiliate links. If you buy through them, Calcatrice may earn a commission at no extra cost to you. We only suggest tools that fit your result, and a company can't pay to show up here.

$25,000 to $45,000 delivered is the ordinary shape of buying a new standard-class electric forklift with a battery and charger, and it is the band the page is really built for. The number to watch here is not the total but how large the power system is inside it, because the battery and charger are the lines a truck sticker leaves off and the place a chemistry choice moves the price most. This is the point to settle the lead-acid against lithium question: get a quote for each with the charger it needs, price both here, and weigh the higher lithium sticker against its faster charging and longer life over the years you will run the truck. On a machine this size the battery is a large enough line to deserve that comparison.

What this assumes, and where it could be wrong

Every one of these is a place the number could be off. They are here because you should be able to check our working, not because we are hedging.

THE TRUCK IS THE STICKER, BUT THE POWER SYSTEM IS THE LINE THE STICKER LEAVES OFF.
An electric forklift is sold as a truck price, and that framing is exactly why the delivered number surprises people: the truck cannot move without a battery and cannot run for long without a charger, and on many quotes those two are listed separately from the truck rather than folded into it. At our defaults the truck alone is $28,000, and the battery and charger add $9,000, so the power system is nearly a quarter of the delivered price before delivery is even counted. This is the whole reason the page exists: not to argue any quote is wrong, but to carry the truck, the battery, the charger and the freight into one delivered number so the reader sees what it costs to put a working machine on the floor rather than what the truck sticker says. Change the truck price to your quote and the battery and charger to your lines and the total moves with them.
The battery chemistry is the biggest lever, and it moves the charger with it.
There are two battery chemistries and they price in opposite directions, which is why the battery line sits on its own. A lead-acid pack is cheaper up front, heavy enough to serve as the truck's counterweight, and needs a charging routine and periodic watering. A lithium pack costs more up front but charges faster, takes opportunity charges during breaks, lasts longer and needs no watering, so it can cost less across the machine's life even though it costs more on the quote. The charger moves with the choice: a lithium pack usually pairs with its own faster charger, so switching chemistries changes two lines here, not one. If you are weighing the two, the honest way to compare them is to price each battery with the charger it actually needs rather than holding the charger fixed, because the pack and its charger are bought together and quoted together.
A quote either folds the battery and charger into the truck or lists them apart, so check which before you add.
The single mistake this page is built to prevent is double counting or under counting the power system. Some dealers quote an electric forklift as a single all-in number that already includes the battery and the charger; others quote the truck bare and list the pack and the charger as separate lines, and a few quote the truck with a battery but no charger. Before you enter anything, read your quote and decide which shape it is: if the battery and charger are already inside the truck price, put the whole quote on the truck line and set the two power lines to zero. If they are listed apart, split them onto their own lines here, which is what the page is set up for. Either way the delivered total is the same; what the split buys you is seeing how large the power system really is, which is the part a bare truck sticker keeps quiet.
This is the price to buy the machine, not the cost to keep running it.
Buying an electric forklift and owning one answer different questions, and this page prices only the purchase. What is here is the truck, the battery, the charger and the freight: the delivered price to put a working machine on your floor. What is not here is everything the truck costs after that, which our equipment cost of ownership page carries: the electricity it draws, the battery it will need replaced partway through its life, the planned maintenance and repairs, the tyres, the insurance, and the operator's certification, which our forklift certification page prices as a person cost. Leasing the truck instead of buying it is a third path, priced on our forklift leasing page as a monthly payment across a term. This page settles one number honestly, the delivered purchase price, so it can be set beside the lease and the running cost and compared on real figures.

This ledger is the delivered price to buy a working electric forklift, and it stops there. What is above is the truck, the battery, the charger and the freight to your yard: the machine on the floor, ready to run. It is not the cost to keep it running, which our equipment cost of ownership page carries and which includes electricity, a mid-life battery replacement, planned maintenance, tyres and insurance. It is not the monthly cost of leasing the truck instead, which our forklift leasing page prices. It is not the operator's certification, a person cost our forklift certification page carries. And it does not include running an electrical circuit to the charger, any attachments you add such as a side-shift or clamp, sales tax, or a warranty or service plan the dealer offers. Enter your quoted lines and it prices the machine in front of you.

Frequently asked questions

How much does an electric forklift cost?
It is the truck price plus the battery, the charger and the freight, and all four are yours rather than a national figure, so this page adds your lines rather than printing an average. At our defaults a $28,000 truck, a $6,000 battery, a $3,000 charger and $500 delivery is $37,500 to put a working machine on the floor, and the power system alone, the battery plus the charger, is $9,000 of that. Change the truck to your quote and the battery and charger to your lines and it moves with them. The reason the page exists is that an electric forklift is sold as a truck price, and that price is real but it is not the delivered cost: the truck cannot move without a battery or run without a charger, and on many quotes those two are listed apart, so the delivered number is the truck plus the power system plus the freight rather than the sticker alone.
Why does the battery cost so much?
Because it is a large industrial pack that does two jobs, and because there are two chemistries that price very differently. A lead-acid pack is heavy enough to serve as the truck's counterweight, so it is part of how the machine lifts safely, not just how it moves, and even the cheaper chemistry is a substantial line. A lithium pack costs more up front but charges faster, takes opportunity charges during breaks, lasts longer and needs no watering, so it can cost less across the machine's life while costing more on the quote. For a standard class truck a pack commonly runs roughly $4,000 to $10,000 depending on chemistry and capacity, which is our rough anchor and editable. The battery is also the line that will come back: a pack does not last the whole life of the truck, so a mid-life replacement is a real future cost, which our equipment cost of ownership page carries rather than this purchase page.
Is it cheaper to buy an electric or a propane forklift?
The truck prices are broadly comparable for a standard class machine, so the comparison turns on the power system and the running cost rather than the sticker. An electric truck carries the battery and charger up front, which is the extra line this page shows, while a propane or diesel truck carries a lower up-front power cost and then burns fuel every shift. Across the machine's life electric often runs cheaper to fuel and maintain, because electricity tends to cost less per hour than propane and an electric drivetrain has fewer moving parts to service, but it carries a battery replacement partway through that an engine truck does not. This page prices only the electric purchase honestly; to compare the two over years, price the electric machine here, and set its running cost and mid-life battery against the fuel and maintenance of an engine truck on our equipment cost of ownership page.
Does the price include the charger and installation?
The charger is on its own line here, and whether it is in your quote depends on how the dealer wrote it: some fold the battery and charger into the truck price, some list them apart, and a few quote a truck and battery with no charger. Read your quote and split it the way it is written, putting the charger on its own line here if it is separate and setting it to zero if it is already inside the truck figure. Installation is a different thing and it is not in this ledger: running an electrical circuit to where the charger sits is a facility cost your electrician quotes, and it varies too much with your building to model here. What this page prices is the charger unit and the machine delivered; the circuit to feed it is outside the ledger and worth pricing separately with an electrician.

Related calculators