Solectrac, a manufacturer of electric tractors based out of Santa Rosa, Calif., has been declared as “assets held for sale” by its parent company, Ideanomics.
We know your equipment customers, especially the rural lifestyler types, like to match colors of their small implements around their homesteads and are often willing to pay a premium for the aesthetics.
35 tractor-equipment dealers, representing 73 locations across the country, recently started selling the fast-growing, electric tractor brand, Solectrac, in response to the accelerated movement towards fully-electric solutions.
The partnerships will appeal to customers seeking fuel and maintenance cost savings, as well as health and environmental benefits, without sacrificing power or tractor performance.
Solectrac, makers of electric tractors and an operating company of Ideanomics, announced a partnership with Nolan Manufacturing establishing an east coast production facility to meet the increasing demand for electric tractors across the country. The 10,000-square-foot facility in Denton, NC broadens Solectrac's service for east coast customers and reinforces the company's continued nationwide growth.
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.
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