AGCO to Showcase Technology Stack and Sustainable Solutions at Agritechnica 2023

Rhea-AI Summary

AGCO (NYSE: AGCO) to showcase the first fully battery-electric tractor, autonomous solutions, and precision ag technologies at Agritechnica, highlighting the Massey Ferguson 9S series launch, Fendt e100 V Vario, Valtra S series launch, AGCO Power CORE50 4-cylinder engine, and Precision Planting Symphony Spraying system.

Positive

• AGCO's focus on clean energy options, automation, autonomy, and AI solutions demonstrates a commitment to innovation and sustainability in agriculture, positioning the company as a leader in the industry.

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• None.

First fully battery-electric tractor, autonomous solutions and other precision ag technologies among the highlights

HANNOVER, Germany--(BUSINESS WIRE)-- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will once again host thousands of farmers at the world's largest ag fair, Agritechnica.

“It's great to be back at Agritechnica and meeting with our farmers and dealers,” said Eric Hansotia, Chairman, President and Chief Executive Officer of AGCO. “AGCO has an unbelievable lineup – from clean energy options to automation, autonomy and AI solutions. Our technology stack is getting stronger every day, helping our farmers be more productive with fewer inputs.”

AGCO will showcase:

• Massey Ferguson 9S series launch, the most powerful, straightforward tractor ever built by MF and with the best power-to-weight ratio in its class for maximum versatility.
• Fendt e100 V Vario – the first fully battery-electric Fendt tractor with zero tailpipe emission going to market in 2024.
• Valtra S series launch with SmartTurn technology that allows farmers autonomous field driving features for higher precision and less fatigue.
• AGCO Power CORE50 4-cylinder engine, the second in the series designed from the ground up with future fuels in mind.
• Precision Planting Symphony Spraying system that provides consistent, even coverage for crop protection.
• AGCO’s “our farm” exhibit features the latest precision ag solutions, newest dealer digital tools and the company’s agronomy team who supports all offerings.

Learn more about how AGCO delivers customer value through its differentiated brand portfolio at the exhibit in Hall 20 during the Agritechnica fair, November 12–18.

About AGCO

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, Precision Planting® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $12.7 billion in 2022. For more information, visit www.AGCOcorp.com. For company news, information, and events, please follow us on X: @AGCOCorp. For financial news on X, please follow the hashtag #AGCOIR.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109967694/en/

Aryn Drawdy

Corporate Communications Director

Aryn.Drawdy@AGCOcorp.com

Source: AGCO

FAQ

What will AGCO showcase at Agritechnica?

AGCO will showcase the Massey Ferguson 9S series launch, Fendt e100 V Vario, Valtra S series launch, AGCO Power CORE50 4-cylinder engine, and Precision Planting Symphony Spraying system.

What is the significance of the Fendt e100 V Vario tractor?

The Fendt e100 V Vario is the first fully battery-electric tractor with zero tailpipe emission, set to go to market in 2024, demonstrating AGCO's commitment to sustainable agriculture.

What technology does the Valtra S series launch feature?

The Valtra S series launch features SmartTurn technology, allowing for autonomous field driving features for higher precision and less fatigue for farmers.

What is the focus of AGCO's 'our farm' exhibit at Agritechnica?

AGCO's 'our farm' exhibit features the latest precision ag solutions, newest dealer digital tools, and the company’s agronomy team who supports all offerings.

Who will be hosting thousands of farmers at Agritechnica?

AGCO will be hosting thousands of farmers at Agritechnica, showcasing their innovative agricultural machinery and precision ag technology.