CNH INDUSTRIAL N.V. Stock Price, News & Analysis

CNH Industrial has introduced two new electrified mini excavators, the CX15EV and CX25EV, expanding its diverse lineup. These machines feature a lithium-ion battery that can be charged via on-board or external rapid chargers, achieving full charge in approximately 90 minutes. Designed for an eight-hour workday, they offer zero emissions, reduced noise, and less maintenance compared to diesel engines. The excavators include advanced operator features like a color LCD monitor, customizable controls, and three work modes. They are also equipped with SiteWatch telematics for enhanced machine performance tracking.

CNH Industrial has taken a majority stake in Bennamann, a UK firm specializing in capturing and repurposing fugitive methane emissions. This strategic investment enhances CNH's alternative fuel capabilities within the agriculture sector, positioning them as leaders in sustainable energy solutions. By integrating Bennamann's technology, CNH Industrial aims to support farms in becoming self-sufficient energy hubs, capable of generating electricity and natural fertilizers, while also potentially selling excess gas. This investment aligns with CNH's commitment to reducing CO₂ emissions and advancing a carbon-negative future in farming.

CNH Industrial (NYSE:CNHI) has acquired Augmenta to enhance its Sense & Act technology, transitioning from a minority investment to full ownership. This strategic move aims to bolster their agricultural equipment by integrating Augmenta's advanced technology, which focuses on selective spraying during crop protection. The technology promises to increase yields, improve sustainability, and reduce application costs by optimizing chemical use. Augmenta will continue to function within the Raven brand, retaining its workforce in Greece and the USA.

On March 15, 2023, CNH Industrial announced its acquisition of a majority stake in Bennamann, a UK company specializing in methane solutions. This investment aims to enhance CNH's alternative fuels portfolio, promoting energy independence in agriculture. The collaboration allows farms to capture methane emissions and convert them into usable energy and natural fertilizer. This strategic move aligns with CNH's commitment to reduce agricultural emissions, supporting its sustainability goals and expanding its role in the farming sector.

CASE Construction Equipment, a brand of CNH Industrial, has launched a CSR initiative called Project LEAD to support rural entrepreneurship in India. The project aims to impact over 30,000 youth across 3,000 villages in its first year, promoting income generation through agriculture and infrastructure. It targets awareness initiatives regarding local entrepreneurial ventures to curb urban migration among youth. Mr. Sunil Puri, Managing Director of CASE, emphasized the importance of rural entrepreneurship for economic growth. The initiative will collaborate with local stakeholders to address unique community challenges.

CNH Industrial has announced the acquisition of Augmenta for $110 million, a strategic move to enhance its Sense & Act technology capabilities. This acquisition, expected to close in Q1 2023, follows CNH's initial minority investment in Augmenta. Augmenta’s technology is designed to improve agricultural spraying efficiency, promising benefits like increased crop yield and reduced chemical usage. The integration of Augmenta's expertise into CNH's product offerings aims to create significant value for customers by reducing application costs and boosting sustainability.

CNH Industrial recently participated in Habitat for Humanity's inaugural Women Build event in Racine, Wisconsin, where 20 female employees volunteered to construct safe homes for single mothers. This initiative reflects CNH Industrial's commitment to empowering women in the workforce and fostering community involvement. The company's focus on innovation, sustainability, and productivity drives its global operations, which span various equipment brands, including CASE Construction Equipment and New Holland. With over 37,000 employees, CNH Industrial prioritizes creating a diverse and inclusive work environment.