CNH Industrial recently announced an exclusive licensing agreement with autonomous, electric tractor manufacturer Monarch Tractor regarding its electrification technology, which “foresees the launch of a scalable, modular electrification platform focusing on low horsepower tractors.” This follows CNHI’s minority investment in Monarch that was announced in March of this year.
According to the company, “These [tractors] will be developed across multiple product families in the coming years, using an agile process that continuously gathers farmers’ input…
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