Kongsberg Automotive wins EUR 25M contract for electric gear shift actuator

Kongsberg Automotive's Powertrain & Chassis Driveline business unit has been awarded a six-year contract worth over EUR 25 million to supply electric gear shift and park lock actuators to a leading passenger car OEM. Production will start in 2026 at KA's Wuxi, China plants.

“The contract is a significant milestone in our strategic direction to grow our electric actuator business globally.”news.cision.com

• 1 source
• news.cision.comKongsberg Automotive wins a new contract for passenger cars worth over EUR 25 million in estimated lifetime revenue - Kongsberg Automotive ASAMay 4, 2023

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