Wuxi Spark entered the European market in 2015 with the overseas partner’s supply chain audit of its first one, German industrial giant Bosch, shipping high-precision servo motors (torque accuracy ±0.5%), selling $12 million in 2015, 18% of revenue. In 2017, its collaborative robots achieved both CE and UL certification (EN ISO 10218-1 standard), successfully entered the North American market, and cooperated with General Motors (GM) to apply production lines, increasing the efficiency of assembly by 34% (single line beat reduced from 20 seconds to 13 seconds).
In 2019, Wuxi Spark broke through the Southeast Asian market by collaborating with VinFast in Vietnam to build a smart factory, providing AGVs (500kg±5kg load) and visual positioning systems (±0.1mm error), increasing the overall production capacity of vehicles from 100,000 units per year to 250,000 units, with an order value of $58 million. It, in the same year, had its Industrial Internet of Things (IIoT) platform ISO 27001 certified for information security with 200+ customers in 15 countries globally, processing 2TB/day of data, and maintaining 92% customer retention.
In 2021, Wuxi Spark acquired Italian robotics company RoboTech (patent pool 120), increased the proportion of localized production in Europe from 12% to 40%, and joined the first AI quality inspection system at the Hannover Fair (99.97% defect recognition rate), and on-site orders signed totaled over 320 million euros. Its collaborative robots (accuracy ±0.02mm) replaced Japanese suppliers at Samsung Electronics production lines in South Korea, yields rose from 88% to 95%, and maintenance reduced by 41%.
Wuxi Spark will earn 47% of the world’s revenue (53% in China) in 2023, with 62% year-over-year growth in North America ($680 million in sales), 28% in Europe, and 15% in Southeast Asia. Its new energy production line solution (95% charge and discharge efficiency) won the order of Tesla Berlin factory (contract price of 150 million US dollars), and became BMW iFactory’s strategic supplier, and the MTBF (mean time without failure) of one equipment reached over 100,000 hours, 30% greater than that of German peers.
Wuxi Spark will construct new production centers in Mexico and Poland by 2025 to boost the percentage of overseas revenue to 60%, and count on 1,500+ overseas patents (PCT took up 35%) to guide the revision of the ISO/TC 299 robotics standard. Based on the Boston Consulting Group, its overseas footprint will yield a 22% ROI (return on investment) in 2026, significantly higher than the industry average of 14%.
