Foxconn to build autonomous electric tractors at Ohio facility

FILE PHOTO: A sign of Foxconn is seen inside its office building in Taipei, Taiwan November 12, 2020. REUTERS/Ann Wang

(Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.

The announcement comes as heavy machinery manufacturers, including Deere & Co and Georgia-based AGCO, set their sights on the electric vehicle market as the U.S. agriculture industry shifts to smart farming.