Kongsberg Automotive secures contract worth EUR 32 million estimated lifetime revenue
Kongsberg Automotive’s Couplings business unit has won a contract with a leading Asian car and commercial vehicle manufacturer worth EUR 32 million in estimated lifetime revenue, and average annual revenue of EUR 5.3 million. The secured contract for the Raufoss ABC System for compressed air offers optimal air system that reduces braking distance, decreases weight, and increases the payload. The versatile and releasable system components provide the lowest possible lifetime cost for the vehicle owner, reducing emissions, and saving energy. This five-year contract starts in 2021 and