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Monarch Tractor lands $3M to accelerate electric farm equipment that supplies energy back to grid

electric farm equipment

Fully-electric, autonomous farm equipment manufacturer Monarch Tractor has announced that the company, alongside its group partners have been awarded a grant of $3 million from the California Energy Commission to accelerate the electrification of agricultural equipment. Furthermore, the companies will demonstrate bi-directional capabilities in the farming equipment to support local electrical grids during power outages brought on by more frequent wildfires.

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Foxconn to manufacture electric tractors for Monarch at newly acquired Lordstown facility

Electric tractor

Foxconn has signed its first contract manufacturing agreement since acquiring a Ohio facility from Lordstown Motors. In addition to building EVs for Lordstown and Fisker Inc., Foxconn will now also be manufacturing advanced, driver optional electric tractors and battery packs for Monarch Tractors.

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