With 2022 firmly in the rearview mirror and the new year now underway, it’s clear many of the opportunities and challenges impacting equipment manufacturers today are poised to remain as relevant as ever in the weeks and months ahead.
During the Major line OEM panel at this year’s Ag Equipment Intelligence 2023 Executive Briefing on Dec. 9, executives from 5 of the majors spoke about the main challenges impacting the ag equipment industry in the next 5 years.
Given social and political pressure to remove carbon-based fuels from the marketplace and the subsequent reluctance of petroleum refiners to invest in additional throughput capacity, it’s apparent that ultra-low sulfur diesel fuel (ULSDF), will lose its undisputed top billing.
By producing fuel using sources with lower carbon intensity than traditional petroleum-based products, the U.S. biofuels sector is well-positioned to play a major role in reducing greenhouse gas emissions.
Now liberated from successively more stringent exhaust emissions rules, engine maker Deutz will focus its R&D efforts on electronics and software development, more compact emissions systems, alternative fuels and extracting more power from fewer cubic inches.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.