# 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.

- Type: Contract
- Announced: 2023-05-04
- Where: Wuxi, China, China
- Value: $27.5M (25.0M EUR)
- Status: announced
- Products: electric gear shift actuator, park lock actuator
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kongsberg Automotive](https://endata.com/companies/12484.md) (supplier)

## Sources

- [news.cision.com](https://news.cision.com/kongsberg-automotive-asa/r/kongsberg-automotive-wins-a-new-contract-for-passenger-cars-worth-over-eur-25-million-in-estimated-l,c3763103), 2023-05-04: "The contract is a significant milestone in our strategic direction to grow our electric actuator business globally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.