Electric tractor

Electric Tractor Market worth $3.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 13, 2024

>100 KWh is the fastest-growing battery capacity segment for the electric tractor market.

Key Points: 
  • >100 KWh is the fastest-growing battery capacity segment for the electric tractor market.
  • Moreover, a German startup named Tadus also showcased their prototype, E-Traktor, in August 2023, an electric battery tractor with a battery capacity of 130 kWh.
  • CNH Industrial developed the tractor in collaboration with Monarch Tractor, a California-based tractor manufacturer focusing on electrification and autonomy.
  • In August 2023, Solectac launched the eUT+ Narrow electric tractor, a zero-emission electric tractor.

Electric Tractor Market worth $3.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 13, 2024

>100 KWh is the fastest-growing battery capacity segment for the electric tractor market.

Key Points: 
  • >100 KWh is the fastest-growing battery capacity segment for the electric tractor market.
  • Moreover, a German startup named Tadus also showcased their prototype, E-Traktor, in August 2023, an electric battery tractor with a battery capacity of 130 kWh.
  • CNH Industrial developed the tractor in collaboration with Monarch Tractor, a California-based tractor manufacturer focusing on electrification and autonomy.
  • In August 2023, Solectac launched the eUT+ Narrow electric tractor, a zero-emission electric tractor.

At One Ventures Launches $375 Million Climate Tech Fund

Retrieved on: 
Wednesday, October 4, 2023

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- At One Ventures, the climate tech venture capital firm founded in 2020 by Tom Chi, founding member of Google X, today announced the close of a US$375 million second fund. Like Fund I, Fund II will focus on backing early-stage startups with disruptive technologies that can improve planetary health by resetting the industries causing the most damage to the planet, such as buildings and construction, energy and transportation, and food and agriculture. 

Key Points: 
  • "It's going to take a different kind of thinking than what got us into the climate crisis to get us out.
  • "As an LP in both Fund I and Fund II, One Small Planet could not be more thrilled with the partnership with At One Ventures.
  • They are an absolute leader in climate tech, applying deep scientific and sector knowledge to help scale economically viable organizations to help solve the world's most pressing problems.
  • One Small Planet has deeply enjoyed collaborating with At One Ventures as both an LP and a co-investor," said Jack Wielebinski, Fund Operating Officer, One Small Planet.

Paired Power and Monarch Tractor Bring Off-Grid Solar Charging to California Vineyard to Increase Grid Independence

Retrieved on: 
Tuesday, September 5, 2023

In addition to charging Monarch’s tractor, Paired Power’s charging stations will also charge a swappable battery cart during the day, providing the tractor with a full recharge for night-time operation.

Key Points: 
  • In addition to charging Monarch’s tractor, Paired Power’s charging stations will also charge a swappable battery cart during the day, providing the tractor with a full recharge for night-time operation.
  • “Our mission at Monarch is to elevate overall operations, improve farmer profitability, and pave the way for sustainable farming,” said Praveen Penmetsa, co-founder and CEO of Monarch Tractor.
  • "By partnering with Paired Power and Monarch Tractor, we are taking significant steps towards reducing our environmental impact."
  • To learn more about how Paired Power and Monarch Tractor are forging a more sustainable and efficient future in the agricultural industry and beyond, visit pairedpower.com and monarchtractor.com .

Monarch Tractor Expands AI R&D Team in Singapore

Retrieved on: 
Tuesday, June 20, 2023

Building off of its existing Singapore presence and successful expansion into Hyderabad, India, earlier this year, Monarch Tractor will move to develop the next generation of data scientists, machine learning engineers and A.I.

Key Points: 
  • Building off of its existing Singapore presence and successful expansion into Hyderabad, India, earlier this year, Monarch Tractor will move to develop the next generation of data scientists, machine learning engineers and A.I.
  • "After our early success in Singapore with the development of our 'Monarch Auto Drive' tractor operation, we're excited to continue to evolve our technology with the help of Singapore's finest talent," said Praveen Penmetsa, Co-Founder & CEO, Monarch Tractor.
  • "In partnership with the Singapore government, Monarch Tractor is able to provide more job opportunities and also propel our mission for a greener future.
  • Monarch is currently hiring talent throughout Singapore to support and develop cutting-edge A.I.

Global Electric Farm Tractor Market to 2028: Rising Awareness Toward Sustainable Practices in Agriculture Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 28, 2023

The electric farm tractor market was valued at $98.7 million in 2022 and is expected to reach $234.0 million by 2028, growing at a CAGR of 14.06% between 2023 and 2028.

Key Points: 
  • The electric farm tractor market was valued at $98.7 million in 2022 and is expected to reach $234.0 million by 2028, growing at a CAGR of 14.06% between 2023 and 2028.
  • The electric farm tractor market is driven by several factors, including the surging demand for sustainable agriculture practices from the agriculture industry, electrification and automation of agriculture machinery, and energy storage systems.
  • In recent years, electric farm tractor has registered an exponential surge in interest among farmers, manufacturers, and researchers from the agriculture industry, with sales of electric vehicles (EVs) reaching record heights.
  • The electric farm tractor market is an emerging sector within the agricultural industry that focuses on the development and adoption of electric-powered tractors for various farming operations.

Global Electric Farm Tractor Market Report 2023: Sector is Expected to Reach $234 Million by 2028 at a CAGR of 14.06%

Retrieved on: 
Friday, June 16, 2023

The electric farm tractor market was valued at $98.7 million in 2022 and is expected to reach $234.0 million by 2028, growing at a CAGR of 14.06% between 2023 and 2028.

Key Points: 
  • The electric farm tractor market was valued at $98.7 million in 2022 and is expected to reach $234.0 million by 2028, growing at a CAGR of 14.06% between 2023 and 2028.
  • The electric farm tractor market is an emerging sector within the agricultural industry that focuses on the development and adoption of electric-powered tractors for various farming operations.
  • The use of electric power in farming machinery aligns with the global trend toward sustainability and reducing greenhouse gas emissions.
  • Key benefits of electric farm tractors include environmental sustainability, operational efficiency, reduced operating costs, noise reduction, government incentives, and others.

Canada Electric Farm Tractors Market Analysis Report 2023-2028 Featuring Monarch Tractor, EcoTractors, Buhler Industries, Escorts, & Electric Tractor Corp

Retrieved on: 
Saturday, May 13, 2023

DUBLIN, May 12, 2023 /PRNewswire/ -- The "Canada Electric Farm Tractors Market- Size, Trends, Competitive Analysis and Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 12, 2023 /PRNewswire/ -- The "Canada Electric Farm Tractors Market- Size, Trends, Competitive Analysis and Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
  • Canada's electric farm tractors market is forecasted to grow at a CAGR of 11.1% from 2023 to 2027.
  • There are several electric farm tractor manufacturers in Canada, including, Monarch Tractor, EcoTractors, Buhler Industries, Escorts Limited, Electric Tractor Corporation, among others.
  • The strategies of major electric farm tractor manufacturers in Canada are focused on developing and promoting electric tractors as a sustainable and efficient alternative to traditional diesel-powered tractors.