Deere will render the global footprint, expertise, and funding to permit Kreisel to continue its fast development in core markets, said Pierre Guyot, senior vice president, John Deere Power Systems. It is an opportunity to fund a firm with exceptional technology that’s designed for the demanding conditions where Deere customers work.
In addition to its patented battery technology, Kreisel has designed a complementary charging infrastructure platform (CHIMERO). Deere has been testing a battery-electric backhoe since early this year and debuted the 310 X-tier E-Power at The Utility Expo. The unit will head into Phase 2 testing next year, with Deere indicating many of the specs will change before it is available for sale. It is not known at this time if Kreisel's technology will emerge in this machine.
Kreisel Electric will keep its employees, brand name, and trademark and continue to work from its present location in Austria. The firm, established in 2014 by brothers Johann, Markus, and Philipp Kreisel, has approximately 160 full-time employees.