Solectrac was an American tractor manufacturer based in Santa Rosa, California. It manufactures for agricultural uses. The tractors are made as a zero-emission alternative to diesel tractors and can be charged by renewable energy, like wind and solar, and provide all the power of a comparable diesel tractor.
In 1995, he was commissioned to build an experimental electric tractor for Ford and New Holland. The following year, Heckeroth was commissioned by a Japanese company (EFRIG) to build an electric tractor to be used in the critical processes of removing land mines left behind after wars.
In 2012 he founded Solectrac LLC to take small farm electric tractors into commercial production. In 2013 Solectrac received a $500,000 grant from the Indian US Science and Technology Fund (IUSSTF) to develop four all-electric tractor prototypes.
Ideanomics has a 100% stake in the company following an investment in 2020.
As of June 2024, Solectrac has been shut down internally and is no longer functioning leaving customers with no support for their machines.
Ideanomics filed for bankruptcy on December 4, 2024 in Delaware, with plans to sell all of its assets, including Solectrac.
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