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Escorts Showcases India's first Hybrid Concept Tractor at Esclusive 2019

Posted On: 2019-09-06 10:55:09

At Esclusive 2019, Escorts' annual innovation platform, India's leading engineering conglomerate, Escorts Limited, announced India's first Hybrid Concept Tractor powered by fuel and battery both. Pioneering the concept, the company is launching this in the range of 70-75 HP which can be boosted up to 90 HP with the help of its hybridization feature. This unique ability in a tractor brings to the market a product that reduces the emission and increases the efficiency for the customer. Also, by displaying exclusive smart range of Tractor Driven Mini Sugarcane Harvester & self-propelled spraying technology, Escorts re-affirms its thought leadership in farm mechanization & precision agriculture space.

Escorts' Hybrid Tractor is an eco-friendly and a cost-effective product. It has four operating modes. In Hybrid mode, the machine uses two sources of energy, diesel and electric, to propel the vehicle. In Pure Electric mode, Tractor can run only on Batteries with Zero Emissions. In ICE direct mode, the tractor is driven and operated as a conventional tractor with an Internal Combustion Engine. Charging mode with three power generation submodes, Regeneration when excess power is available while working, ICE (thru Internal Combustion Engine) and plug-in mode, in which the vehicle in stand still position connected to a standard wall socket with a charging device.

The company also showcased Hybrid backhoe loader concept, India's first, for smarter and greener construction equipment space. Launching in the range of 50HP Engine along with Hybrid technology which can provide up to 75HP power. The product offers exceptional overall performance with higher productivity, fuel efficiency & convenience at reduced carbon footprints. The machine has Regenerative mode which send back the energy to the battery during the excess power available in engine. It has three working modes - Hybrid, ICE-Diesel and Electric-Excavator only.

Adding to its engineering & innovation prowess, Escorts also offered a major highlight by showcasing India's first multi-utility Rural Transport Vehicle, RTV concept named "Rider" to address the required mobility in rural farming and hard terrain maneuvering. The RTV will also enable applications in haulage, construction, agriculture produce logistics and various other utility segments offering a payload capacity of 750 KG and an optional fourwheel drive mode.

Speaking on the occasion, Chairman and Managing Director, Escorts Ltd., Mr. Nikhil Nanda, said, "After the successful launch of electric and autonomous concept tractors in the last two Esclusive platforms, It is indeed a proud moment for Escorts to have pioneered in developing India's first concept Hybrid Tractor, Hybrid Backhoe & a RTV this year. Through our focus on innovation and R&D, Escorts has always strived to make world-class technology driven products available to the farming and infrastructure space. These smart technology solutions are developed to cut down on emissions and increasing fuel efficiency boost productivity and agriculture output.

Shares of ESCORTS LTD. was last trading in BSE at Rs.470.85 as compared to the previous close of Rs. 458.3. The total number of shares traded during the day was 169469 in over 2802 trades.

The stock hit an intraday high of Rs. 473.2 and intraday low of 460. The net turnover during the day was Rs. 79165476.


Source: Equity Bulls

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