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CNH Industrial Announces agreement with Electric Tractor Company

CNH Industrial this week announced an agreement with Monarch tractor, a U.S.-based company specializing in electric autonomous tractors. 

The license agreement foresees the launch of a scalable, modular electrification platform focusing on low horsepower tractors. 

The tractors will be developed across multiple product families in the coming years, using a process that continuously gathers farmers’ input to meet customer needs. 

This agreement also is part of CNH Industrial’s commitment to decarbonizing agriculture through alternative propulsion systems. 

CNH Industrial CEO Scott Wine says, “We are confident that the new pathways provided by Monarch will rapidly strengthen our competitive position in sustainable precision farming.” 

Wine adds the partnership enables CNH Industrial to enhance its internal electrification capabilities and develop and implement new electrified platforms faster. 

CNH Industrial is the parent company for Case IH, New Holland Agriculture and Steyr, among others. 

Monarch Tractor, headquartered in Livermore, California, provides in-field electrification, automation, and data technologies through its all-electric, driver-optional Monarch Tractor.

(Story Courtesy of NAFB News Service)

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