Exro Technologies Inc. announced it has signed a collaboration and supply agreement with Clean Seed Capital Group Ltd. to integrate Exro's technology into Clean Seed's agricultural seeder and planter platforms, advancing the electrification of heavy farm equipment.
Agriculture in the future will see increasing use of scientifically precise farming techniques, where automated ‘agro-bots’ monitor, treat and work the land, using advanced technology designed to help maximize yields and minimize disease. With its experience in automation and agricultural mechanization, Yanmar is making steps into advanced field robotics research.
Increased sales of diesel engines for agricultural vehicles contributed to a 3.5% or €62 million ($67 million) increase in revenues for Deutz last year to €1.84 billion ($2 billion).
FPT Industrial, the global powertrain brand of CNH Industrial, announced it has acquired Potenza Technology, a company specialized in the design and development of electric and hybrid powertrain systems.
As part of its wide-ranging strategy to gain tractor market share in Europe, CNH Industrial aims to transform its obscure Steyr brand into a premium, high tech, high margin line that will appeal to dealers committed to retaining their independent implement franchises.
FPT Industrial, the global powertrain brand of CNH Industrial (NYSE:CNHI / MI:CNHI), has announced that it has signed a Memorandum of Understanding with Microvast, aimed at industrial and commercial cooperation to enable FPT Industrial to design and assemble battery packs in house, at its facility in Turin, Italy.
In the run-up to the 2019 Agritechnica show, held in Hanover, Germany, on Nov. 10-15, numerous products were presented by manufacturers and registered in competition for the Agritechnica Innovation Awards, including advancements in engine emissions, powershift gearboxes and digitization.
John Deere revealed their new, autonomous concept tractor at a dealer meeting in Valencia, Spain, according to Agriland, an Irish agriculture publication. The apparently cab-less tractor will have a rated (electric) power output of 500kW (approximately 680hp).
If employees at off-highway vehicle driveline components specialist AxleTech are familiar with the term Déjà vu — the feeling of having experienced the present situation before — then that is surely what they are feeling just now. Because AxleTech has just been sold for a second time by global investment firm The Carlyle Group.
In the year that Escorts, the Indian tractor and construction machinery business, finished paying off historical debts to a former supplier, the group saw revenues climb 23.5% above the prior 12 month period.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.