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California CORE
Subsidy Program

Submit CORE Application

With the CORE program, receive a MK-V Tractor starting as low as $32,250. Purchase price comparable to a 40HP compact diesel tractor. This industry-leading battery runtime of up to 14 hours will get you through the toughest job. This is NOT a scrap and replace program.

Monarch is now accepting CORE applications. CORE 2024 officially opens Aug. 13, but don't wait! This year, construction is grouped with agriculture for greater demand on a smaller pool of funds. Expect demand to exceed availability. Don't miss out! Submit your application today and Monarch will queue it up on a first-come, first-served basis for your best chance of securing your CORE voucher.

CORE PROGRAM FUNDING
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The World’s First!

100% Electric | Driver-Optional | Data-Driven 

  • Horsepower: 40 - 70 hp
  • Towing Capacity: 5,500 lbs
  • Battery Runtime: Up to 14 hrs*
  • 3-Point Hitch: 1,650lbs, CAT I/II
  • PTO:  540 RPM
  • Drive Modes: 4WD, 2WD and Auto
  • Exportable Power: 220/110 VAC
  • Warranty: Tractor 4 years / 4,000 hours** & Battery 8 years / 8,000 hours

*Varies based on farm, operation, and implement. ** Extended warranty available for CORE customers

 

100% Electric

Zero Emissions. Zero Compromise.

Like your old tractor, just better. Reduced emissions with robust performance. A zero-emissions powerhouse offering twice the torque in half the size. This industry-leading battery runtime of up to 14 hours will get you through the toughest job.

 

Implement Compatible

Ready to work with your existing farm equipment and workforce.

Ready to work with your existing farm equipment and workforce. Mowing, tilling, under-row weeding, feed pushing, and more. Equipped with a Cat I/II three-point hitch, hydraulic top and side links, the MK-V integrates with your implement yard while also providing a robust platform for next-generation smart implements.

 

 

Smart Screen

Intuitive Control at Your Fingertips 

Experience effortless control with the MK-V smart screen. The MK-V's smart screen offers easy-to-use, intuitive controls at your fingertips. Enjoy effortless navigation and execution with your controls at the touch of a button.

The Clean Off-Road Equipment Voucher Incentive Project (CORE) is a $64 million voucher incentive project intended to encourage California off-road equipment users to purchase currently commercialized zero-emission off-road equipment through point-of-sale subsidization. There is no scrappage requirement and additional funding is available for charging and fueling infrastructure for equipment deployed by small businesses or disadvantaged communities. 

Monarch Tractor is the only 100% electric, driver-optional, data-driven smart tractor on the market. Don't miss out on this year's opportunity to secure your zero-emission tractor(s) through the CORE program before funds run out.

CORE 2022 and 2023 were resounding successes, issuing nearly $30 million in secured funding vouchers for the Monarch MK-V tractor. Compared to last year, this year's funds are significantly lower, meaning they will run out much faster.

In addition to significant fuel savings, CORE allowed eligible farmers to expedite their return on investment through maintenance and reporting efficiencies all while enjoying the many other advantages that come with an MK-V tractor. As the MK-V's autonomy expands in markets, crop types, operations, and farmlands, these farmers are positioned for aggregated labor and environmental savings. More program details will be shared as soon as they become available.

Submit CORE Application

CORE Program Details


  • Program funds are limited and will be allocated quickly! Only $20M in total funds available to the Agriculture + Construction sector.

  • Reserve now, pay later. Payment is due prior to delivery.

  • Keep your existing tractor. No need to retire or replace existing equipment.

  • A CORE voucher is estimated between $55K - $68K applied to the total price of a tractor depending on additional subsidies. 

  • The MK-V works with standard implements. Learn more about the implements here.

  • Vouchers are fulfilled directly from CORE to Monarch.

  • Incentive is for each tractor ordered. No limit on quantities.

  • 200 hours average usage per year.

  • Certificate of Insurance (COI) requirements may apply.

  • Tractor customizations and accessories are available.

  • Must operate 100% of the time within California. 

  • CORE terms and conditions apply. Click here to learn more.

Application Process

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Submit CORE Application

Testimonials from CORE program Early-Adopters

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Our Monarch sales representative helped get our questions answered and set up financing with the CORE program to make our tractor purchase a reality. Having Monarch be the link with getting CORE setup was key to us getting a new tractor.

Chris Brockway, Owner, Broc Cellars & Fox Hill Vineyard 

There's a program that you can actually use to get a subsidy to pay for some of these electric tractors and Monarch can help you with that. The CORE program is available if you're purchasing an  electric tractor and Monarch helps you do the paperwork!

 

CORE Program F.A.Q's

Yes! This year, construction is grouped with agriculture for greater demand on a smaller pool of funds. Expect demand to exceed availability. Don't miss out! Submit your application today and Monarch will queue it up on a first-come, first-served basis for your best chance of securing your CORE voucher. 

CORE vouchers are paid immediately, so you receive financial savings right away and only pay the "post voucher discount" amount. 

 

This is a great time and opportunity for you to lock in immediate savings, and even more Monarch MK-V tractors under this limited quantity voucher offer.

 

Additionally, there may be an opportunity to stack similar programs on top of CORE or financing options, for additional savings. Contact a Specialist to see if you qualify. 

The CORE program allows you to KEEP your existing tractor and does not require destruction of current equipment.

CORE opening day is on August 13th, 2024. It is strongly recommended to submit applications to Monarch Tractor right away for the best chance to secure funds. We need signed commitments right away, as funding is limited. As soon as the maximum number of voucher commitments are signed, we will be unable to offer this program.

 

This is a first come, first serve subsidy. A limited number of vouchers are available and when they’re reserved, they are gone for good.

 

This offer is available for a very limited time. The window of opportunity is closing as quickly as it opens. To put it in perspective, last year there were $273 million in vouchers, but this year's funds are significantly lower, meaning they will run out much faster.

You can order as many tractors as you would like under the CORE voucher program. Only qualifier is that you receive the correct number of vouchers. Apply now to increase your chances to secure your vouchers. 

CORE Subsidy Application

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Questions about CORE?
Contact us to learn more!