Kongsberg Automotive wins a new contract worth over EUR 25.5 million in estimated lifetime revenue for air suspension lines
Kongsberg, December 17, 2024: Kongsberg Automotive (KA) has secured a new contract worth over EUR 25.5 million in estimated lifetime revenue, for the production of air suspension lines. The contract, awarded by one of the largest global electric vehicles (EV) manufacturers, is for nylon lines and connectors, which play a crucial role in distributing and regulating air within the air suspension system, ensuring optimal comfort and driving quality, performance, and safety in electric vehicles. Production for this five-year contract will involve hose manufacturing at KA’s Suffield plant