Dealer Service And Product

Solectrac Continues to Advance Fully Electric, Zero-Emissions Tractor Sales with New Dealer Retail Partnership in the Southeast

SANTA ROSA, Calif., April 26, 2022 /PRNewswire/ — Solectrac, makers of all-electric powered tractors and an running firm of Ideanomics (NASDAQ: IDEX), announces the ongoing enlargement of its qualified gross sales and supplier partnership community with the addition of Columbiana Tractor, LLC., found in Westover, Alabama. This announcement marks the initial accredited retail place in the southeastern location for Solectrac. With this new vendor partnership, Solectrac and Columbiana Tractor will provide sustainable, electrical tractor methods to provide the region’s agricultural buyers, hobby farmers, rural lifestylers and very first-time tractor prospective buyers. With Columbiana Tractor’s conclude-to-stop profits, funding, and provider solutions, buyers will be able to lessen their whole value of possession with out sacrificing protection, effectiveness and trustworthiness. Over the up coming several months, Columbiana Tractors will supply Solectrac’s total lineup of electric powered tractors, starting with the e25 compact electrical tractor and later the award-winning e70N, a powerful, slim electric powered tractor purposely built for vineyards and business farms, variants and other items.

Solectrac Climate-Smart Electric Tractors (PRNewsfoto/Ideanomics)

Solectrac Local weather-Good Electric Tractors (PRNewsfoto/Ideanomics)

With the world electric farm tractor market place expected to exceed $218M by 2026, this new announcement supports Solectrac’s national strategy to carry the gains of zero-emission tractors with lower maintenance cost solutions specifically to the purchaser by means of trusted dealerships located inside of their location. From passion farms to utility apps, Solectrac’s award-successful tractors let farmers to electricity their tractors by applying thoroughly clean, renewable electrical power resources with the identical efficiency and general performance as tractors using traditional fuels.

“Solectrac’s award-successful all-electric tractors proceed to see enhanced demand from customers across a range of agricultural and farm purposes,” stated Mani Iyer, CEO of Solectrac. “We are thrilled to have Columbiana Tractor as a precious companion as we go on to create our dealership community across the United States. The worth of the southeast area as a client base and the dependable sales and provider of Columbiana Tractors designed Columbiana a all-natural suit for our next dealer area. As Solectrac proceeds to expand and scale, we glimpse forward to earning electric tractors a sustainable alternative and the tractor solution of selection for the agriculture and farm market. By increasing our seller network, our objective is to substantially improve our profits in 2022.”

Established in 2017, by controlling companions Chris Mundy and Jeff Adams, Columbiana Tractor’s main small business philosophy is created all around investing in the shopper. The corporation delivers product sales, finance industry experts, assistance specialists, and well-informed areas and add-ons employees to provide exceptional consumer provider and guidance to the location.

“Columbiana Tractor is committed to featuring the most ground breaking devices methods for our client base below in the higher Alabama region,” reported Chris Mundy, handling spouse and founder of Columbiana Tractor, LLC. “With our new enlargement into a new facility, we prioritized reaching out to Solectrac as element of our next phase of sustainable farming and agricultural solutions for the location. The capabilities of performance of these electrical tractors supply serious worth for economical functions.”

Columbiana Tractor is now getting pre-orders for Solectrac e25 tractors.

Solectrac tractors are assembled in Windsor, Calif. and the organization is B Corp Licensed. For a lot more information and facts and information on Solectrac, remember to check out www.solectrac.com.

About Solectrac
Solectrac, Inc., found in Northern California, has formulated 100% battery-powered, all-electric powered tractors for agriculture and utility functions. Solectrac tractors present an chance for farmers throughout the world to energy their tractors by applying the sunshine, wind, and other cleanse, renewable sources of electrical power. The company’s mission is to present farmers independence from the air pollution, infrastructure, and cost volatility of fossil fuels.

About Ideanomics
Ideanomics (NASDAQ: IDEX) is a worldwide group with a easy mission: to accelerate the professional adoption of electric powered motor vehicles. By bringing together motor vehicles and charging technological innovation with style, implementation, and monetary services, we give the solutions wanted for the commercial environment to dedicate to an EV long run. To keep up with Ideanomics, you should abide by the company on social @ideanomicshq or visit https://ideanomics.com.

Risk-free Harbor Assertion
This press release has certain statements that may perhaps incorporate “forward-hunting statements”. All statements other than statements of historic fact incorporated herein are “ahead-seeking statements.” These ahead-wanting statements are usually recognized by the use of forward-hunting terminology this sort of as “believes,” “expects” or equivalent expressions, involve known and not known dangers and uncertainties, and include things like statements regarding our intention to transition our business design to grow to be a future-generation economic technology company, our business enterprise method and planned item choices, our intention to period out our oil trading and consumer electronics corporations, and likely potential economic outcomes. Whilst the Corporation believes that the anticipations reflected in these types of forward-seeking statements are fair, they do require assumptions, challenges and uncertainties, and these expectations could establish to be incorrect. You need to not position undue reliance on these ahead-searching statements, which speak only as of the day of this push release. The Firm’s real outcomes could differ materially from all those anticipated in these forward-looking statements as a outcome of a variety of risks and uncertainties, such as hazards relevant to: our ability to continue on as a going worry our capacity to raise added funding to meet our business enterprise demands the transformation of our enterprise product fluctuations in our operating final results pressure to our staff administration, economic programs and other sources as we mature our small business our skill to appeal to and retain vital personnel and senior administration aggressive strain our worldwide operations and other risks and uncertainties disclosed under the sections entitled “Danger Aspects” and “Management’s Discussion and Investigation of Economical Affliction and Benefits of Operations” in our most the latest Sort 10-K and Form 10-Q submitted with the Securities and Trade Fee, and equivalent disclosures in subsequent reviews submitted with the SEC, which are accessible on the SEC internet site at www.sec.gov. All ahead-on the lookout statements attributable to the Enterprise or folks acting on its behalf are expressly competent in their entirety by these threat elements. Other than as demanded below the securities rules, the Business does not think a responsibility to update these ahead-seeking statements.

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
[email protected]

Malory Van Guilder, Skyya PR for Ideanomics
[email protected]

Cision

Cision

Look at first articles to obtain multimedia:https://www.prnewswire.com/information-releases/solectrac-continues-to-progress-completely-electric powered-zero-emissions-tractor-profits-with-new-supplier-retail-partnership-in-the-southeast-301532568.html

Source Solectrac

Related Articles

Back to top button