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Electrification in auto industry has been a global trend for more than 5 years now and it was just a matter of time when it would trickle down to off highway vehicles.
Equipment manufacturers across the globe are experimenting with various electrical equipment to improve tractors and implements.
Electrically driven tractors could be very efficient in energy consumption and the weight-to-power ratio/power density. The absence of emissions could be a crucial environmental benefit.
The agriculture industry believes there are a few barriers that are preventing the electrification of agriculture tractors. The biggest problem lies in the specific energy of Li-ion batteries and the pulling power from electric motors as compared to Diesel as a fuel.
India being the biggest farm tractor market accounting for almost 35-38% of global production is also making progress on the electric front. In 2017, Escorts Ltd launched India`s first electric tractor concept. The product was aimed to cater to 22 HP to 90 HP range and compliant with tier 4 emission norms of Europe and America.
US-based Solectrac has manufactured 10-12 units of eUtility models based on two-wheel drive Farmtrac diesel tractor hardware from Escorts. It already has the Solectrac e70N in development which is a larger 70hp-equivalent model with four-wheel drive.
More than 60,000 linked vehicles in the construction, mixed fleet, garbage, and recycling industries are served by Coretex, a telematics solutions supplier in North America, Australia, and New Zealand.
Coretex also provides fleet management and compliance solutions. EROAD anticipates the acquisition will strengthen its position as a global telematics supplier and assist in achieving its target of 250,000 global units. EROAD has more than 300 employees spread across New Zealand, Australia, and North America. The merged firm is positioned to boost EROAD’s market share in North America following the New Zealand Commerce Commission’s decision to approve the transaction.
EROAD said that it had bolstered its position as a provider of trailer telematics and in-vehicle management systems in the North American market. According to EROAD, Coretex’s range of products, solutions, and services will create new growth opportunities in vertical industries like construction, mixed fleets, waste management, and recycling.
By using an end-to-end vertical industry strategy, Coretex excels at considering client needs within the context of the supply chain. With a goal of finishing the integration within the next 12 to 18 months, the combined organisation is currently engaged in strategic planning to expand on the justification stated in the business case for the acquisition.
As per John Deere, the future farming vision is centered around three fields:
The global electric farm tractor market is estimated at $XXM in 2023 growing at –% CAGR till 2030
