Hon Hai Technology Group today announced the signing of a contract manufacturing agreement with Zimeno Inc. DBA Monarch Tractor to build next-generation agricultural equipment and battery packs at the Foxconn Ohio facility.
Monarch Tractor, maker of the first fully electric, driver-optional, smart tractor, today announced it is expanding its footprint into India with the opening of its first office in the city of Hyderabad.
California’s Occupational Safety & Health Standards Board voted 4-3 at its June 16 meeting to reject Monarch Tractor’s Petition 596 to amend the state labor code that would “allow for the use of driver optional tractors without a human operator stationed at the vehicular controls within a strict set of safety guidelines.”
In early April, Monarch Tractor, Livermore, Calif., manufacturer of the fully electric, driver-optional smart tractor, introduced Luc de Gaspe Beaubien as the company’s global head of sales in response to the company’s rapid growth.
According to a recent report from Zeebiz, Antony Cherukara, CEO of Indian tractor manufacturer VST Tillers Tractors, a recent investor in Monarch Tractor, stated Monarch would launch its all-electric, autonomous tractor in VST Tiller Tractor's fiscal year 2023.
Monarch Tractor announced the successful completion of a $61 million Series B funding round led by Astanor Ventures, one of the world’s leading sustainable food venture firms, with additional individual and independent contributions from CNH Industrial, At One Ventures and Trimble Ventures.
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.”
CNH Industrial N.V. has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S.-based AgTech company specializing in fully electric autonomous tractors.
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In this episode we look at the top factors growers say are impacting their decisions to purchase equipment in 2023. In the Technology Corner, Noah Newman takes a closer look at Precision Planting’s new sprayer technology ReClaim. Also in this episode, Kubota’s 9 month U.S. sales break $5 billion and a preview of Ag Equipment Intelligence’s latest research report “Autonomous Farm equipment: U.S. Farm Adoption & Outlook.”