The oil price in Norway is relatively high, making it suitable for promoting electric forklifts.
Norway is the seventh largest oil producer in the world and the largest in Western Europe, yet gasoline prices are generally around 16 yuan per liter. Its domestic enterprises are also actively promoting the electrification of forklifts. For example, Toyota Material Handling Company has provided several electric counterbalanced forklifts to Norwegian transportation company Toton to replace diesel forklifts.
In addition, oil prices in Thailand are relatively high, with gasoline prices at around 41 baht per liter (approximately 9 RMB). The Thai government has introduced policies to encourage the adoption of new energy vehicles, and electric forklifts are also gaining increasing popularity among customers.