Deere & Co.'s Futuristic Tractors Are Going All-Electric While Integrating AI And Space Technology
Portfolio Pulse from Caleb Naysmith
Deere & Co. is integrating satellite imagery, AI, and advanced data analytics to improve agricultural productivity, sustainability, and efficiency. The company is also transitioning its fleet to electric vehicles, with plans to offer electric commercial and residential mowers, Gator utility vehicles, and construction equipment by 2026.

May 30, 2023 | 1:29 pm
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Deere & Co. is adopting space technology and AI to improve agriculture and plans to electrify its fleet by 2026, potentially increasing its market share in the sustainable agriculture and electric vehicle sectors.
Deere & Co.'s adoption of satellite imagery, AI, and data analytics will help improve agricultural productivity, sustainability, and efficiency, making its products more attractive to farmers. The company's transition to electric vehicles will also appeal to environmentally conscious customers and align with global trends towards electrification. These factors are likely to have a positive impact on Deere & Co.'s stock price in the short term.
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IMPORTANCE 80
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