Kongsberg Automotive increases sales towards the electric vehicle market
Zürich, December 14, 2022: Kongsberg Automotive’s (KA) Powertrain & Chassis business segment has secured a contract worth up to EUR 58.7 million in estimated lifetime revenue, and an average annual revenue of EUR 11.7 to supply an electric vehicle manufacturer with innovative shift-by-wire products. “This important business win shows that our product strategy is valued by our partners as we continue to embrace electrification in the automotive industry” says Chief Sales Officer David Redfearn. The contract awarded to KA by a global OEM is for use on an EV truck chassis platform for a