Jchonline
Elite Member
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Doesn’t sound good for Solectrac. Anyone have one of their machines?
Another tractor manufacturer out of business?
- Thread starter Jchonline
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MoKelly
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Yep. Solectrac is 100% owned by Ideanomics which is listed on NASDAQ.
They are not exactly thriving. The entire entity is only worth $12 million.
They are not exactly thriving. The entire entity is only worth $12 million.
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- SE Michigan in the middle of nowhere
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Oh well. Wonder how many 225 grand electric utility tractors JD has sold?
Not something I'd ever be slightly interested in... 'toaster tractor', 'toaster car', same deal.
Not something I'd ever be slightly interested in... 'toaster tractor', 'toaster car', same deal.
OP
Jchonline
Elite Member
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- Kubota L6060, KX040-4, M7060, X1100C, M62(S)
Construction equipment being used inside buildings has a battery powered use case. I’m not convinced with outdoor uses, and any tractor uses.
jwmorris
Veteran Member
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To have a successful business you need to make products people want and can use.
Thats nice and a noble goal but people don't by goals, they buy a tractor to achieve them.
Thats nice and a noble goal but people don't by goals, they buy a tractor to achieve them.
CH4Ohio
Veteran Member
Interesting that their mission statement uses the word "driving".
". . . focused on DRIVING the adoption of" EVs and "associated sustainable energy consumption".
Their mission was to PUSH people to use something they wouldn't otherwise use. And to embrace the much more expensive energy costs on the back end. I would expect a truly free market to leave them in the dust.
MadJack
Silver Member
Sounds to me like the 'Grant' money has run out!
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Sort of like the electric vehicle business. Automakers were all gung ho on EV's and found out not that many people wanted them. The EV market is pretty saturated as it is and with BYD coming here with their much cheaper Chinese EV's, that should put the icing on the cake.
Said before, I'd by a hybrid but never a pure battery powered vehicle. Living up here in the north, a battery powered vehicle just don't work for me. Same with an electric tractor. That 'going green stuff' don't play with me and never will.
What I find arcane is, countries like China and India are building coal fired power plants and care less about emissions while we 'embrace' the green stuff and keep getting farther and farther behind.
Said before, I'd by a hybrid but never a pure battery powered vehicle. Living up here in the north, a battery powered vehicle just don't work for me. Same with an electric tractor. That 'going green stuff' don't play with me and never will.
What I find arcane is, countries like China and India are building coal fired power plants and care less about emissions while we 'embrace' the green stuff and keep getting farther and farther behind.
- Joined
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- SE Michigan in the middle of nowhere
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- Kubota M9000 HDCC3 M9000 HDC
Grant money equates to taxes you paid to the gummit that they have no compunction about pizzing away.
MadJack
Silver Member
Kind of like that 'lectric bus company...
