Latest Monarch Tractor News & Updates

See the latest news and media coverage for Monarch. We track all announcements, press releases, and industry mentions in real time, all in one place.

Monarch Tractor (Monarch)

Electric autonomous tractor manufacturer

monarchtractor.com

Headquarters: Livermore, United States
Founded year: 2018
Company type: Private company
Number of employees: 200–500

Last updated Today

Latest news about Monarch Tractor (Monarch)

In short: Monarch collapsed after facing technical failures and lawsuits, leading to its acquisition by Caterpillar and a shift to technology licensing.

Company announcements

April 10 Monarch

Monarch transitions to technology licensing and sells core technology

The company's EV and AV technology has been acquired by a large global equipment manufacturer, marking a shift from manufacturing to licensing.

26 September 2025 Monarch

Monarch CEO Praveen Penmetsa named to Forbes Sustainability Leaders List

The list honors 50 leaders advancing a new global climate economy. Penmetsa's guidance at Monarch Tractor is ushering in sustainable farming.

25 August 2025 Monarch

Monarch launches MonarchOne platform for off-highway vehicles and machinery

The platform integrates autonomy, assisted driving, energy management, and data intelligence for OEMs.

6 May 2025 Monarch

Monarch partners with Scout to launch first digital implement for vineyards

The MK-V tractor collects vine-level data during routine operations, reducing emissions and increasing precision.

Media coverage

June 15 Los Angeles Times

This startup was supposed to revolutionize California's wine industry: 'It totally failed'

Monarch Tractor, a startup founded in 2018 with promises of saving farmers time and money, collapsed after customers reported its tractor could not operate autonomously.

April 14 TechCrunch

Monarch Tractor’s collapse ends with an acquisition by Caterpillar

The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch's tech didn't work properly.

18 December 2025 Law360

Monarch Overhyped 'Driver-Optional' Tractors, Ex-Dealer Says - Law360

A Washington farm supply store sued California-based Monarch Tractor — which bills itself as the maker of "the world's first autonomous tractor" — in Seattle...

20 November 2025 Yahoo Finance

Monarch Tractor preps for layoffs and warns employees it may ‘shut down’

Image Credits:Monarch Tractor Autonomous electric tractor startup Monarch Tractor warned staff Thurs...

Never miss news about Monarch

Track Monarch and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Monarch competitors & trending companies

Browse news for competitors to Monarch and other trending companies.