Some 220,000 hydrogen-powered vehicles will be sold by 2035, according to a November 2022 report from research firm Interact Analysis. Most shipments are forecast for after 2030 in trucking and off-road applications, including ag equipment. The firm forecast that hydrogen vehicles would “never reach the level of diesel or battery electric vehicles, as it instead looks to establish niches.”
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
