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CNH Industrial N.V. (CNHI) Announces Exclusive Multi-Year Agreement with Monarch Tractor

November 3, 2021 5:27 AM EDT

CNH Industrial N.V. (NYSE: CNHI announces that it has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a US-based AgTech company specializing in fully electric autonomous tractors.

The license agreement foresees the launch of a scalable, modular electrification platform focusing on low horsepower tractors. These will be developed across... More