LIVERMORE, Calif. – March 25, 2025 – Monarch Tractor has been named to TIME’s list of America’s Top GreenTech Companies 2025. This prestigious award is presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on March 25th, 2025, and can be viewed on TIME’s website.
Statista gathered and scrutinized data from over 4,300 companies, and awarded the top 250 based on three evaluation criteria:
- Positive environmental impact: The scoring is based on impact data such as the quality and impact of their product/service portfolio, as well as the expertise of their leadership team provided by HolonIQ
- Financial strength: The scoring is based on the analysis of financial data points e.g., revenue, employee or funding information
- Innovation drive: The scoring is based on the Patent Asset Index featured in LexisNexis® Intellectual Property Solutions
In support of the research, Statista gathered data from company applications, annual reports, media monitoring, and other public sources. Additionally, Statista worked with specialized data partners HolonIQ and LexisNexis® Intellectual Property Solutions to further strengthen the data quality.
Based on the study results, Monarch Tractor is honored to be recognized on TIME’s list of America’s Top GreenTech Companies 2025.
Monarch’s industry-leading developments are guided by the biggest challenges facing the farming and land management communities including labor shortages, extreme weather, and food safety concerns. Monarch’s innovative MK-V, the world’s first 100% electric, driver-optional, and smart tractor is giving farmers and land managers a zero-emission option that empowers them to improve farm safety while working more efficiently and profitably. Not only is Monarch expanding what a tractor can do by turning it into a digital, robotic platform, it’s engineered to work across farm types, implements, markets, and applications. As of March 2025, the collective MK-V fleet has offset roughly 2350 Tonnes of CO2e or 5,180,850+ pounds.
Green technology is part of Monarch's DNA. We were founded on the principle of developing farmer-first solutions that also mean healthier solutions for the planet, consumer, and global food ecosystem. This award validates our efforts in democratizing access to agriculture technology that brings meaningful, sustainable solutions to farming and land management.
Praveen Penmetsa, CEO & Co-founder, Monarch Tractor
About Statista: Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data, and various market and consumer studies and surveys.
