Foxconn in Ohio

Monarch Tractors–which is located in Livermore, California, which is about 45 minutes east of Mountain View so it is Silicon Valleyesque yet still has something of the region’s former agricultural glory about it—has developed an electric tractor.

The MK-V, which produces up to 70 hp, and is fitted with a swappable battery that has a runtime of ~10 hours, is described as being “smart.” There is a screen on board that provides the ability to access live video, weather and other farming-related information.

But what is even more interesting is that it is “driver optional.”

The tractor can be operated remotely.

Apparently your favorite local restaurant isn’t the only place that has trouble finding workers.

The MK-V can mitigate some of that labor shortage for ag.

Also interesting is the company that has just signed on to manufacture the tractors for Monarch: Hon Hai Technology, which is better known as “Foxconn.”

The tractor is scheduled to go into production at Foxconn’s facility in Lordstown, Ohio.

Foxconn acquired the factory last May from Lordstown Motors. Foxconn is to build the Lordstown Endurance electric pickup in the plant.

And in 2024 the Fisker Pear, an EV with a presently intended starting price of $29,900.

No matter how the MK-V, Endurance or Pear do, Foxconn will undoubtedly do well.

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