Dutch tractor manufacturer H2trac recently went bankrupt. Investors Hilbrand Kuiken and Anne Joldersma are continuing the company under the new name E-Ox Tractors and will develop a new, simpler and cheaper version.
Investors Kuiken and Joldersma have taken over the bankrupt company H2Trac and will continue the development of the E-Ox implement carrier in modified form. Both owners were already co-shareholders of H2Trac.
The company was originally founded by Paul and Peter-Jan van Ham. The Van Ham brothers are not involved in this relaunch. However, E-Ox Tractors did take over all five employees and appointed a new managing director.
Co-owner Hilbrand Kuiken reveals that H2Trac was in financial difficulties and that the E-Ox tractor (hybrid, fully electric or hydrogen-powered) did not match market demand well. Kuiken: “The tractor is technically top-notch, but also expensive. We had to continue investing to modify the tractor to better match market demand. The internal discussions about this went awry, resulting in bankruptcy.”
Kuiken reveals that the new company E-Ox Tractors will change two things. First, a number of modifications to the E-Ox tractor is to create a marketable tractor that better suits the agricultural sector. Exactly which modifications these will be is not yet known. Secondly, E-Ox Tractors will set up collaborations in service and production.
The already familiar variants of the E-Ox electric tractor will remain in the range. That is, there is a choice between hydrogen drive, full electric drive or diesel-electric drive. A variant will be added in the near future. This should mainly be a simpler and cheaper (zero- or low-emission) version of the E-Ox tractor.
E-Ox Tractors will remain based in the Dutch town of Arnhem. There, the company has an office and test site. Kuiken says they intend to outsource assembly in the long run.