Foxconn Completes Production of the First Five Monarch MK-V Tractors in Ohio
April 7, 2023 | FoxconnEstimated reading time: 2 minutes
Hon Hai Technology Group (Foxconn) announced the start of production in Ohio of the Monarch MK-V, the first fully electric, driver-optional, smart tractors, in Ohio with the initial five tractors rolling off the production line for delivery to customers. In August 2022, Foxconn signed a contract manufacturing agreement (CMA) with Zimeno Inc. D/B/A Monarch Tractor (Monarch Tractor) to build Monarch Tractor’s next-generation agricultural equipment and battery packs at the Foxconn Ohio facility.
“We’re very pleased with the product quality ahead of full-rate production,” said Jerry Hsiao Chief Product Officer of Foxconn Technology Group. “This milestone is achieved thanks to our employees and the strength of our ongoing partnership with Monarch Tractor. Foxconn prides itself on our partnerships, and we believe the shared goal of promoting sustainability and safety in agriculture is one of the many reasons we have found the right partner in Monarch Tractor.”
Launched to the public in 2020, Monarch Tractor has transformed the agriculture industry with next generation EV technology and unparalleled automation capabilities to meet farmers’ most pressing needs. The MK-V brings to life Monarch Tractor’s mission to elevate farming practices to enable clean, efficient, and economically viable solutions for today's farmers and the generations of farmers to come. The MK-V, a fully electric, driver-optional, smart tractor combines electrification, automation, and data analysis to help farmers reduce their carbon footprint, improve field safety, streamline farming operations, and increase their bottom lines.
“As a leader in manufacturing some of the world’s most influential electric and autonomous technologies, Foxconn is the ideal partner for us as we look to rapidly expand production of the MK-V,” said Praveen Penmetsa, Co-Founder & CEO, Monarch Tractor. “Today’s farmers need solutions like the MK-V now that will increase farm profitability and sustainability and we’re the first company that is able to fulfill the global demand for these solutions. This is also a massive opportunity to produce large volumes of smart tractors in this class. We are excited to partner with Foxconn as we forever change the future of electrified farming.”
Setting a new standard for farm safety – a top priority for Foxconn and Monarch Tractor – the MK-V also includes technology that will help prevent farm-related injuries whether the tractor is being driven or performing driverless tasks. Each MK-V is produced with collision prevention, human detection, and power take-off (PTO) protection. The tractor will stop moving if it detects a human within six feet of the tractor, and the PTO will automatically shut off if the system detects a person within one foot of the PTO.
Foxconn start the commercial production of Monarch Tractor’s MK-V Series in the first quarter of this year as scheduled. After the official delivery, the next steps of the partnership include continued tuning of production line(s) and material sourcing in preparation for full-rate production.
Suggested Items
Warm Windows and Streamlined Skin Patches – IDTechEx Explores Flexible and Printed Electronics
04/26/2024 | IDTechExFlexible and printed electronics can be integrated into cars and homes to create modern aesthetics that are beneficial and easy to use. From luminous car controls to food labels that communicate the quality of food, the uses of this technology are endless and can upgrade many areas of everyday life.
iNEMI Packaging Tech Topic Series: Role of EDA in Advanced Semiconductor Packaging
04/26/2024 | iNEMIAdvanced semiconductor packaging with heterogenous integration has made on-package integration of multiple chips a crucial part of finding alternatives to transistor scaling. Historically, EDA tools for front-end and back-end design have evolved separately; however, design complexity and the increased number of die-to-die or die-to-substrate interconnections has led to the need for EDA tools that can support integration of overall design planning, implementation, and system analysis in a single cockpit.
Koh Young Showcases Award-winning Inspection Solutions at SMTconnect with SmartRep in Hall 4A.225
04/25/2024 | Koh Young TechnologyKoh Young Technology, the industry leader in True 3D measurement-based inspection solutions, will showcase an array of award-winning inspection and measurement solutions at SMTconnect alongside its sales partner, SmartRep, in booth 4A.225 at NürnbergMesse from June 11-13, 2023. The following offers a glimpse into what Koh Young will present at the tradeshow:
Real Time with… IPC APEX EXPO 2024: Plasmatreat: Innovative Surface Preparation Solutions
04/25/2024 | Real Time with...IPC APEX EXPOIn this interview, Editor Nolan Johnson speaks with Hardev Grewal, CEO and president of Plasmatreat, a developer of atmospheric plasma solutions. Plasmatreat uses clean compressed air and electricity to create plasma, offering environmentally friendly methods for surface preparation. Their technology measures plasma density for process optimization and can remove organic micro-contamination. Nolan and Hardev also discuss REDOX-Tool, a new technology for removing metal oxides.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).