NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ:
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Posted On: 08/04/2021 4:02:57 PM
NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Launches New e70N Electric Tractor
Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company’s July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was appointed as CEO of Solectrac. “The e70N is yet another innovative electric tractor breakthrough from Solectrac, this time focused on commercial-level, heavy-duty farm and vineyard operations,” said Solectrac CEO Mani Iyer. “This category of zero-emission electric tractors is in high demand as many farmers look to cut emissions and reduce noise pollution, but still require larger, more powerful vehicles with easy maneuverability. The e70N, with swappable battery pack technology, was designed to meet the needs of these customers. The unique and multi-faceted new model will position Solectrac to gain market share and compete very favorably with medium- and heavy-duty tractors in both agriculture and commercial tractor segments.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company’s July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was appointed as CEO of Solectrac. “The e70N is yet another innovative electric tractor breakthrough from Solectrac, this time focused on commercial-level, heavy-duty farm and vineyard operations,” said Solectrac CEO Mani Iyer. “This category of zero-emission electric tractors is in high demand as many farmers look to cut emissions and reduce noise pollution, but still require larger, more powerful vehicles with easy maneuverability. The e70N, with swappable battery pack technology, was designed to meet the needs of these customers. The unique and multi-faceted new model will position Solectrac to gain market share and compete very favorably with medium- and heavy-duty tractors in both agriculture and commercial tractor segments.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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