CNH Industrial announced yesterday, Tuesday 2 March, that it has completed a minority share in Monarch Tractor, a US-based agricultural technology company. CNH Industrial aims to accelerate developments in autonomy and electrification through this partnership.
The firm said that this arrangement is an important step towards long term sustainability and enabling profitable zero-emission farming.
Monarch Tractor’s platform offers a unique combination of a fully electric powertrain with the addition of autonomous technologies, paired with an agronomic and machine data management platform to deliver a complete technology ecosystem. CNH Industrial believes that this technology will provide farmers a first-to-market tractor offering in the sub 100hp bracket.
“Monarch is pioneering tractor technology that incorporates electrification, autonomous use and data management.
“These are three of the key pillars supporting sustainability, productivity and profitability, both for CNH Industrial and for our farming customers,” said Scott Wine, chief executive officer of CNH Industrial.
“We are incredibly excited to work with Monarch to develop and deploy their ground-breaking technology ecosystem, which we believe has applicability across our entire off-road business. This partnership underscores our commitment to rapidly improving our alternative propulsion and precision farming portfolio, while extending our world-leading sustainability credentials.”
Who is Monarch?
Monarch Tractor, founded in 2019, is headquartered in California, USA. In 2020, the company introduced the world’s first fully electric, driver-optional smart tractor integrated on a single platform. The Monarch tractor offers a power output of 30kW (40hp) with a short-term boost reaching 52kW (70hp). A working range of 10 hours is said to be achievable on a single charge.