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Monarch Tractor Announces Subsidy via California CORE Program

Monarch Tractor, maker of the MK-V, the fully electric, driver-optional, connected tractor, announced today the availability of the MK-V within the CORE 2023 Clean Off-Road Voucher Incentive Project. The CORE Project helps farmers with financial aid as they transition to clean, efficient and economically sustainable solutions such as the MK-V, and elevating their sustainable farming practices by reducing CO2 emissions. The Project is the most cost-effective emissions reduction incentive in California, saving farmers up to 50-65% of the overall cost of the MK-V. 

Set to go live on Tuesday, July 18, 2023, the CORE Project will also extend its financial support to small businesses and historically overlooked communities across rural California that have yet to benefit from electrification.

In addition to CORE, other programs such as the Carl Moyer Memorial Air Quality Standards Attainment Program, provide rebates to farmers and public agencies to replace diesel powered tractors with zero emission tractors like the MK-V. Monarch works closely with farmers to participate in this program to support farmers transition to zero emission vehicles. 

Source : Farm Equipment

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