OEMs Explore, Acquire Electric Farm Power

Our friends at Lessiter Media reported that recent acquisitions & corporate-level reports indicate startups aren’t the only ones envisioning electric machines in the field.

Ag Equipment Intelligence asked a group of more than 700 North American farmers (86% of whom are practicing conservation tillage) how likely they were to purchase 12 different types of electric machinery if the machines were technically feasible and available at a price within 20% of current alternatives. 

The most likely equipment purchases were utility vehicles, zero-turn mowers/lawn tractors, skid steer loaders, 4WD tractors and 2WD <40 horsepower tractors.

Startup “pure-players” in the all-electric tractor and implement business — companies that are solely devoted to the use of EV technology — are open about their products and vision for the industry, but legacy tractor manufacturers as a whole are tight-lipped about R&D budgets devoted to electrification of their products. Most say they’re in the development stage or are testing prototypes, but they are reluctant to divulge hard figures or potential timelines for product introductions.

While corporate media policy shrouds a direct look at the state of electric farm machinery product development, a review of who is buying what — and why — gives a glimpse of products to come from major OEMs.

Excellent full article by Dan Crummett details what is known about the major tractor manufacturers plans, and is worth reading. FarmEquip.org/electric