On November 13, Nanjing Eston Automation Co., LTD. (hereinafter referred to as: Eston), Beehive Energy Technology Co., LTD. (hereinafter referred to as: Beehive Energy) and Dr. Octopus Intelligent Technology (Shanghai) Co., LTD. (hereinafter referred to as: Dr. Octopus) jointly reached a strategic cooperation agreement. Hive Energy Chairman Yang Hongxin, Dr. Zhang Yu general manager Yin Dongxing, Eston Automation Chairman Wu Bo, general manager Wu Kan and other three leaders attended the signing ceremony.

Based on Eston’s core technical advantages in the field of motion control and industrial robots, Hive Energy’s leading position in the new energy power battery and energy storage industry, and Dr. Octopus’s ability in AI edge computing and intelligent control, all parties will focus on strategic consensus, give full play to their resource advantages, and comprehensively cooperate in technology, products, channels, research and development.

Hive Energy Technology Co., LTD

Hive Energy was incorporated in 2018, the company originated from Great Wall Motor. Since its establishment, Hive Energy has been committed to “making green energy accessible”, long-term focus on the development, production and sales of new energy vehicle power batteries and energy storage battery systems, and can provide customers with overall solutions for power batteries and energy storage products according to their needs.

Hive Energy adheres to the “power + energy storage” two-wheel drive strategy. In terms of power batteries, Honeycomb Energy actively expanded its production capacity, continued to expand its market share, and steadily moved forward in the industry ranking. At the same time, Hive Energy continues to make efforts in the field of energy storage, and is committed to promoting the short-knife of energy storage in the whole field. High-quality short-knife series energy storage special cells are favored by the market, and recently, it has successively obtained a number of enterprise business points in Europe.

Dr. Octopus Intelligent Technology (Shanghai) Co., LTD

As a wholly-owned subsidiary of Hive Energy, Dr. Octopus is positioned as a core system provider of intelligent control and intelligent manufacturing in the new energy power battery and energy storage system industry, providing industry-leading products and solutions for BMS hardware and software, industrial software, controller hardware of intelligent devices, AI algorithms, integrated design of lighthouse factories, etc. Support customers to achieve reliable energy interconnection in the new energy industry, intelligent factory operation, and empower customers’ intelligent manufacturing platform.

Eston Automation Inc

Founded in 1993, Eston adheres to the core values of “openness, innovation and common growth” and is committed to becoming a recognized and respected international brand. The company’s three core businesses are automation core components and motion control systems, industrial robots and intelligent manufacturing systems, and digital products and services. At present, the company has become a leading enterprise in the domestic automation industry and ranks the first echelon of the international robot industry.

Eston has a number of wholly-owned subsidiaries overseas, and has an international leading competitive advantage in the fields of automation core components and motion control solutions, industrial robots and intelligent manufacturing solutions, welding robots and intelligent welding solutions.

Eston Automation, together with Honeycomb Energy and Dr. Octopus, will integrate and focus on the advantages of all parties, provide intelligent complete solutions for the new energy industry, continue to improve the company’s penetration rate in new energy vehicles, power batteries, energy storage and other subsectors, and jointly help new energy to develop rapidly towards advanced production capacity, while using the resources and technology accumulation of all parties. In the field of integrated drive and control, high-speed and high-precision motion control and other technologies, we will carry out multi-faceted cooperative research and development work to jointly create intelligent solutions that deeply integrate new energy application scenarios.

Eston Automation has the advantages of global layout and ecological construction of the whole industrial chain, and has a perfect product sales and service network in various countries and regions around the world. Hive Energy as a global energy interconnection high-tech enterprise, adhere to the international development strategy. This cooperation will further promote the overseas market cooperation and expansion of both parties, provide overseas users with overseas market standard products and services, jointly promote the global business layout, and continue to enhance the company’s global competitiveness.

Eston reached a strategic cooperation with Beehive Energy and Dr. Octopus to unite, gather strength and move forward, and create a new situation of win-win cooperation. In the future, the three parties will continue to carry out in-depth exchanges and cooperation, strengthen their core competitiveness in their respective fields, and work together to empower intelligent manufacturing and promote the rapid development of China’s intelligent manufacturing industry.