First Batch of OhioMade Monarch Tractors Revealed Business Journal Daily

LORDSTOWN, Ohio – Officials at Foxconn announced Tuesday that the first five Monarch MK-V tractors have rolled off the production line at its plant. The Monarch MK-V is a fully electric, driver-optional smart tractor. Foxconn signed a contract manufacturing agreement with Monarch Tractor in June 2022 to build the company’s next-generation agricultural equipment and battery packs. “These tractors are the very first off the line, but we’re about to now have scale,” said Carlo Mondavi, chief farming officer and co-founder of Monarch Tractor. “To make the most impact possible, this is one of those things where speed and scale is…