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EFORT (埃夫特) announced plans to invest up to 1.9 billion yuan to build a robot super factory and global headquarters in Wuhu, Anhui, China. The project will be built in two phases, with first-phase capacity of 50,000 industrial robots per year after 24 months and second-phase capacity of 100,000 robots per year after 31 months.
EFORT will pay ROBOX EUR 1 million for a technology license to use and jointly develop controller software source code, and will acquire 9% of ROBOX for EUR 2 million. The goal is to achieve independent controller production.
Robox SPA sold a minority stake to Efort Ltd and established Robox Smart Motion Ltd in Wuhu, China, to supply motion controllers and target the Chinese motion control market.
| Site | Largest | Latest |
|---|---|---|
| Wuhu, China | $263.0M | 2024-07-31 |