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

Case IH and New Holland, brands of CNH Industrial, received accolades at the 2022 Good Design Awards for innovative agricultural equipment. The Case IH Patriot 50 series sprayer enhances operational efficiency with advanced connectivity and spray technology. New Holland's Straddle Tractor Concept, designed with Pininfarina, meets the needs of narrow vineyards and showcases electric traction. The TK4 Methane Power vineyard crawler tractor emphasizes sustainability with its biomethane engine. These awards underline CNH Industrial's commitment to excellence in design and innovation for agriculture.

On January 11, 2023, CNH Industrial's agricultural brands, Case IH and New Holland, received four prestigious 2023 ASABE AE50 awards. Case IH was honored for the Early Riser 2150S Front-Fold Split-Row Planter and New Steiger Series Tractor Three-Point Hitch system, which enhance efficiency and productivity. New Holland's Guardian Front Boom Sprayer and Pro-Belt Series Variable Chamber Round Balers were also recognized for innovative features that optimize agricultural operations. These accolades reflect the company's commitment to innovation and customer-focused design.

CNH Industrial introduces the New Holland T7 Methane Power LNG Pre-Production Prototype through its partnership with Bennamann to promote clean energy solutions in agriculture. This innovative tractor aims to enhance energy independence for farms and reduce CO₂ emissions significantly, with the potential equivalent reduction for a 120-cow farm being compared to 100 households. The pilot project, initiated in Cornwall, UK, utilizes advanced biogas capture technology to convert cow manure into biomethane, which is used for vehicles and electricity, contributing to sustainability and environmental benefits.

CNH Industrial launched a successful straw management initiative in Kallar Majri, Punjab, aimed at reducing pollution and increasing yield among local farmers. Established in 2016, the program eliminated stubble burning within its first year, generating new income through straw sales for renewable energy. By October 2022, the initiative celebrated its five-year milestone, expanding to ten additional locations with eight more under evaluation. The project underscores the company's commitment to sustainable agriculture, showcasing interviews with farmers who embraced this transformative technique.

CNH Industrial's brand New Holland Agriculture showcased its innovations at CES 2023 in Las Vegas from January 5-8. Partnering with Microsoft and Touchcast, they presented the T4 Electric Power tractor, featuring autonomous capabilities and a metaverse customer experience. This immersive platform allows potential buyers to interactively explore tractors in a digital showroom. The T4 Electric Power aims to reduce environmental impact, aligning with CNH's commitment to sustainable agriculture. The prototype was also highlighted at CNH's Tech Day in December 2022.

CNH Industrial has opened a new technical center in the Detroit Metro area to enhance its electrification capabilities. This facility aims to support innovation in electric vehicle technology and is strategically located near a hub for electrification OEMs and suppliers. The center complements an existing site in Modena, Italy, and emphasizes the company's commitment to alternative propulsion, backed by over 15 years of R&D experience. Key executives highlighted the importance of leveraging a skilled workforce to advance electrified drivetrains and high voltage systems.

On January 5, 2023, CNH Industrial showcased innovative straw management techniques in India through its webisode series, Breaking New Ground. The initiative, launched in 2016 in Kallar Majri, Punjab, successfully eliminated stubble burning, leading to reduced pollution and increased farmer income from selling straw to renewable energy plants. Following the positive results, the program expanded to additional locations. This initiative exemplifies CNH Industrial's commitment to sustainable agriculture and supporting farmers globally.

CNH Industrial showcased its commitment to agricultural tech development at its recent Tech Day in Phoenix, Arizona, held on January 3, 2023. The event highlighted ongoing investments in technology aimed at enhancing the company’s position in the agricultural sector. Key engineering leaders, including Mukesh Agarwal and Dan Eslinger, discussed the integration of a tech culture within the organization to address agriculture's evolving challenges. The company aims to become an employer of choice while providing effective solutions to its customers in agriculture.

CNH Industrial unveiled the world's first LNG tractor, the New Holland T7 Methane Power LNG, at its Tech Day event in Phoenix, Arizona. This prototype aims to enhance farm sustainability by integrating methane capture technology developed with Bennamann, which repurposes fugitive methane emissions into a low-carbon biofuel. The initiative targets significant CO₂ reductions, potentially equating to the emissions of 100 households for a 120-cow dairy farm. This innovation not only mitigates methane emissions but also introduces revenue streams by converting waste into fuel, fertilizer, and electricity.