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Solectrac Announces Strategic Shift Towards Direct-to-Consumer Sales and Enhanced Electrification Partnerships
Key Highlights: Strategic Business Model Reorganization: Solectrac, a leading electric tractor distributor, transitions from expanding its dealer network to focusing on direct-to-consumer sales and strategic dealer partnerships. Advancing Zero-Emission Agriculture: The move aligns with Solectrac’s commitment to pioneering the transition to zero-emission regenerative agriculture and utility…
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solectrac · 1 year
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Electric Tractor Conversion - Solectrac
Solectrac is a leader in electric tractor conversions. We transform conventional tractors into eco-friendly, high-performance electric machines, reducing emissions and operating costs and increasing efficiency. Embrace sustainable farming with Solectrac transformation solutions.
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blueweave8 · 2 years
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Electric Farm Tractor Market Analysis, Insight, Forecast 2022-2028
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Global Electric Farm Tractor Market size to grow at a CAGR of 23% during the forecast period between 2022 and 2028, reaching a value of USD 532.9 million by 2028. Major growth drivers for global electric farm tractor market are strict government regulations to reduce pollution and high fossil fuel prices. Demand for electric farm tractors is increasing due to reduced power consumption and maintenance costs, combined with the capacity to transport heavier loads. Growing environmental concerns have prompted farmers to employ emission-free and environmentally friendly farming practices. Increasing electric farm tractor sales are projected to drive the global electric farm tractor market during the forecast period. However, the increase in rental market due to latest edge technologies and higher efficiency is anticipated to hamper the market growth during the period in analysis.
Global Electric Farm Tractor Market – Overview
Electric farm tractors consist electric motor that works on batteries to generate power and have minimal mechanical parts. The global electric farm tractor market is driven by growing focus on clean and sustainable agriculture. Furthermore, the increase in precise farming enables farmers to enhance operational efficiency to bridge the gap between agricultural products availability and consumers willing to purchase. Precision farming is a combination of strategies and tools that enable farmers to optimize and raise soil quality and productivity by implementing a set of targeted effective initiatives owing to latest edge technologies. In addition, precision farming technology makes better use of resources, such as water, seeds, land, fertilizers, and agricultural equipment. As a result, both the quality and quantity of harvested crops increase.
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Global Electric Farm Tractor Market – Regional Analysis
Geographically, global electric farm tractor market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. The APAC region holds the highest market share in global market for electric farm tractors due to a spurring high demand for electric tractors in China and India. The agriculture sector is a critical component of India's economy. As a result, tractors are required to complete large-scale tasks. There is a considerable increase in demand for electric farm tractors in the region, which is being done to increase the field's total production.
Impact of COVID-19 on Global Electric Farm Tractor Market
COVID-19 pandemic adversely affected the supply chain for most of sectors around the world, including the electric farm tractor industry. Farmers' agricultural output was impaired by the COVID-19 pandemic, resulting in a decrease in revenue creation. As a result, farmers were unable to purchase advanced agricultural equipment. Furthermore, the imposition of a lockdown, travel restrictions, and the shutdown of industrial units has disrupted the whole supply chain, including farm equipment components procurement. As a result, new tractor production and sales fell, inhibiting worldwide electric farm tractor market growth. However, the market could grow rapidly following the easing of COVID-19-related restrictions worldwide.
Competitive Landscape
Major players operating in global electric farm tractor market include AGCO Corporation, Deere and Company, Kubota Corporation, Escorts Limited, Mahindra and Mahindra, Dongfend, SOLECTRAC, J.C. Bamford Excavators Ltd. (JCB), Alke, Cummins Inc., Fendt, Kubota Corporation, Motivo Engineering, Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product development.
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plugincaro · 2 years
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Electric Tractor for Wet Puddling | #ElectricTractor
Benefits: 1. Electric Tractor hardly need any repair, service or maintenance. 2. Very LOW operating costs. 3. Very low noise levels 4. Very low vibration thus less tiring 5. Adding a 1kw or more Solar roof can provide shade & extend working hours 6. No polluting smoke or diesel smell. Due to the reduction of fuel consumption… (more…)
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uncrate · 4 years
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Solectrac eUtility Electric Tractor
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harshbisr-0 · 3 years
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Electric Farm Tractor Market Brief Analysis by Top research company
Some of the key players operating in the Electric Tractors Market include Alke, Cummins Inc., Deere & Company, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor. The global electric farm tractor market was valued at $116.5 million in 2020, which is expected to grow with a CAGR of 11.1% and reach $218.9 million by 2026. Leading players in the Battery-Operated Electric Tractors Market are operating in the North America region, which gives a wide range of options to the growers purchasing electric farm tractors.
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bisrsrch · 3 years
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Electric Farm Tractor Market Growth, Application and Forecast to 2026
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Electric farm tractors are offered with multiple configurations with respect to tractor type, battery type, and drivetrain technology. Light-duty, medium-duty, and heavy-duty electric tractors are offered by manufacturers. Farmers can opt for the tractors which they find suitable for their field operations. Also, by battery type, lithium-ion, lead-acid, and other battery type options are offered by the manufacturers. By drivetrain technology, electric farm tractors are offered in hybrid electric, plug-in hybrid electric, and battery electric specifications.
Report Overview is available at: https://bisresearch.com/industry-report/electric-farm-tractor-market.html
One of the major challenges in the better adoption of electric farm tractors is the low battery life that is offered by these tractors. Since the market is still in the initial stages, the battery life offered by these electric tractors is quite low, which is expected to become a hindrance in the adoption of these tractors by farmers. With further research on the technology, better battery capacity is expected to be offered by electric farm tractor manufacturers, which are expected to grow the market in the forecast period 2021-2026.
There has been a recent push in the agricultural industry toward agricultural mechanization and digitization. The deployment of modern agricultural equipment is pushed by government bodies all over the world. Electric farm tractors have the ability to revolutionize the current agricultural setup and increase agricultural production and efficiency by manifolds. Increased subsidies offered to farmers on purchasing electric farm tractors is a great solution against the low adoption of these tractors in the current scenario. This will push the adoption of electric farm tractors and thereby increase agricultural production.
A major factor driving the farm electric farm tractor market is the increase in government initiatives and support toward agricultural digitization. Government initiatives increase the awareness of electric farm tractors and the benefits of these tractors over conventional diesel. One of the major challenges in the growth and development of the global electric farm tractor market is the low battery life offered by these tractors. Farmers might not be attracted to these tractors as low battery life might act as a hindrance in their field work.
Get the Report Sample at: https://bisresearch.com/requestsample?id=1178&type=download
The global electric farm tractor market is expected to grow in the coming years with increased government initiatives for the upliftment of the market. Some of the leading companies operating in the global electric farm tractor market are Alke, AutoNxt Automation Pvt. Ltd., Cummins Inc., Cellestial, Deere & Company, Ecofactor, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., and Ztractor.
The global electric farm tractor market in the battery type segment is expected to be dominated by lead-acid batteries in 2020. Further in the forecast period, the adoption of lithium-ion batteries is expected to grow due to the advantages of these batteries over lead-acid batteries. The global electric farm tractor market in the driveline technology segment is expected to be dominated by hybrid electric vehicles. Hybrid vehicles are a great starting point for further growth in the electric farm tractor market as these vehicles are run by both fuel and battery.
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freemindtech · 3 years
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Solectrac launches New e70N e-tractor for California farmers and vineyards, Auto News, ET Auto
Solectrac launches New e70N e-tractor for California farmers and vineyards, Auto News, ET Auto
Solectrac manufactured and delivered e70N electric tractors to three local farms and vineyards in California on June 29-30, 2021, including The Mushroom Farm in Pescadero, Arroyo Lindo Vineyard in Windsor, and Old School Vineyard in Napa. New Delhi: Solectrac, a subsidiary of Ideanomics, has launched the all-new e70N electric tractor, a specially designed, narrow model purpose-built for easy…
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Why Choose The Best Tractor For Small Farm?
Best tractor for small farm are battery-powered, there is no creation of carbon monoxide from the engine that guides to global warming. This remarkable factor is driving the farming industry forward as well as several manufacturers are searching at offering vehicles that work on electric engines. For more information: https://www.pressnews.biz/@solectrac/solectrac-ensuring-ease-eco-friendliness-with-best-e-tractor-for-golf-course-6p3w7adrw35y
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nawapon17 · 3 years
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Solectrac launches new 70 HP, 60 kWh electric tractor for $75,000 - Electrek
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Ideanomics' Subsidiary Solectrac Unveils New e25H Electric Tractor
With its electric tractors, Solectrac, a California-based division of the international EV-focused business Ideanomics, vows to transform the agricultural sector. The business recently unveiled the e25H, an updated model of their ground-breaking e25 electric tractor. Together with the existing e25G, it will be available for purchase in the second half of 2023 and has a hydrostatic transmission, a…
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solectrac · 1 year
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Best Tractor For Vineyard In California - Solectrac
The robust capabilities of the best Tractor for Vineyard ensure it can handle demanding tasks that are integral to vineyard management. Solectrac’s electric tractor is a testament to the agency’s dedication to innovation, technology, and sustainable solutions. Also, the introduction of Solectrac’s electric vehicles for vineyards highlights the agency’s continued dedication to providing cutting-edge solutions that transcend conventional boundaries.
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tamenome · 3 years
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Mani Iyer Appointed CEO of Ideanomics Electric Tractor Subsidiary Solectrac — David Joseph Marketing
Mani Iyer Appointed CEO of Ideanomics Electric Tractor Subsidiary Solectrac — David Joseph Marketing
  NEW YORK – July 2, 2021 – Senmer — Ideanomics announced that its subsidiary, Solectrac, has named Mani Iyer as CEO, positioning the company for manufacturing and distribution scale of its innovative electric tractors. Iyer, a 28-year veteran of the agricultural and construction industries, specializes in the farm tractor category, and has served a wide variety of leadership positions in North…
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focusonthegoodnews · 3 years
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Solectrac donates electric tractor to Jack Johnson's nonprofit in Hawaii
Solectrac donates electric tractor to Jack Johnson’s nonprofit in Hawaii
Good News Notes: “Electric tractor manufacturer Solectrac announced it has delivered its first Compact Electric Tractor (CET) in Oahu, Hawaii. The fully-electric tractor was donated to the Kōkua Hawaiʻi Foundation, a nonprofit organization founded by musician Jack Johnson and his wife, Kim, that supports environmental education in the schools and communities of Hawaii. Solectrac was founded in…
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solectrac · 1 year
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Know About Electric Tractor Golf Course - Solectrac
Solectrac is a company best known for its electric tractors, including models designed for golf courses. These innovative tractors offer eco-friendly operation, low noise levels, and efficient performance, making them ideal for Electric Tractor Golf Course maintenance while minimizing environmental impact.
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tpentzek · 4 years
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Solectrac launches reservation program for its all-electric tractors
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