Kongsberg Automotive wins EUR 40M contract for EV rotary actuator

Kongsberg Automotive has won a contract worth approximately EUR 40 million in estimated lifetime revenue for a new rotary actuator used in electric vehicles. Production is scheduled to start in 2027 at the Vrable, Slovakia plant.

“Kongsberg Automotive has won a contract worth approximately EUR 40 million in estimated lifetime revenue for a new rotary actuator used in electric vehicles.”automotiveworld.com

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• automotiveworld.comKongsberg Automotive wins a new contract worth approximately EUR 40 million in estimated lifetime revenue for a product used in electric vehicles | Automotive WorldAutomotive WorldMar 14, 2024

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