HONG KONG, 10 July 2023: Chervon Holdings Limited (2285.HK) and John Deere announced today a strategic agreement to bring EGO branded battery products to John Deere dealers in the United States and Canada. The partnership will also see the two companies collaborate on developing new products in the future.

EGO is a leading global player in the battery-powered outdoor power equipment (OPE) industry. The company’s products are sold in more than 100 countries and are known for their innovative design, high performance, and long battery life.

John Deere is a global leader in the delivery of agricultural, turf, construction, and forestry equipment. The company’s products are used by farmers, contractors, and homeowners around the world.

The partnership between EGO and John Deere brings together the strengths of two industry leaders. EGO’s innovative battery technology and John Deere’s extensive dealer network will give consumers access to the latest in battery-powered OPE products.

The partnership will also see the two companies collaborate on developing new products. This will help to drive innovation in the OPE industry and meet the growing demand for battery-powered products.

“We are excited to partner with John Deere,” said Mr. William Wang, CEO of Chervon Holdings Limited. “This partnership will help us to bring our innovative products to a wider audience and accelerate the growth of the battery-powered OPE industry.”

“We are pleased to partner with EGO,” said Mr. Samuel Allen, Chairman and CEO of Deere & Company. “This partnership will help us to offer our customers a wider range of battery-powered OPE products and meet the growing demand for these products.”

The partnership between EGO and John Deere is a significant development in the OPE industry. It is a sign of the growing momentum of the battery-powered OPE market and the commitment of leading industry players to innovation.