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Technology also plays a significant role in the pricing of ridge ploughs. Manufacturers are increasingly incorporating advanced features such as adjustable width, GPS technology for precision farming, and improved depth control. These innovations can significantly enhance productivity and soil management but also drive up costs. As farmers are urged to adopt smarter technologies to meet growing food demands, the market has seen a rise in demand for technologically advanced ridge ploughs, often resulting in higher prices.
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Despite the rise of electric vehicles (EVs), the internal combustion engine remains a prevalent choice for consumers around the world. Factors such as infrastructure, affordability, and driving range contribute to this continued preference. In many regions, the availability of charging stations remains limited, making ICE vehicles a more practical option for long-distance travel. Moreover, the lower upfront costs of ICE vehicles, compared to most EVs, appeal to budget-conscious consumers.