# Kongsberg Automotive wins €40M contract for rotary actuators for EVs

Kongsberg Automotive has won a contract to supply a new rotary actuator for electric vehicles to an undisclosed company, with an estimated lifetime revenue of €40 million.

- Type: Contract
- Announced: 2024-03-14
- Value: $43.5M (40.0M EUR)
- Status: announced
- Products: rotary actuators
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5274834/kongsberg-automotive-wins-a-new-contract-to-supply-rotary-actuators-for-evs), 2024-03-15: "Kongsberg Automotive (KA) announced March 14 that it has won a contract to supply a new rotary actuator for electric vehicles to an undisclosed company."

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