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Kongsberg Automotive

Regulatory Filings May 7, 2025

3648_rns_2025-05-07_d97608ad-238d-47d1-8bef-dcdf379399bb.html

Regulatory Filings

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Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment

Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment

Kongsberg, May 7, 2025: Kongsberg Automotive (KA) has won a new four-year

contract worth approximately EUR 20 million in estimated lifetime revenue for

its Dog Clutch Actuator (DCA).

The DCA, developed by KA, is designed for gear-shifting and decoupling

applications for multi-speed transmissions, either electric axle or central

drive for hybrid, battery electric, and fuel cell vehicle applications, ranging

from passenger cars to heavy-duty commercial vehicles.

KA's Wuxi facility will manufacture and supply the product to a leading global

Original Equipment Manufacturer (OEM) in the electric commercial vehicle

segment.

"KA's DCA is the future of gear-shifting-energy-efficient, sustainable, easy-to

-maintain, and compactly designed for a broad range of EVs, from light- to heavy

-duty," says David Redfearn, KA's Chief Sales Officer. "We're proud to win this

contract and grow our footprint in China's fast-growing EV market with products

that deliver lasting value and real technical advantages."

Media and Communications contact:

Therese Sjöborg Skurdal - Director Group Marketing and Communications

[email protected]

+47 982 14 059

Investor Relations contact:

[email protected]

About Kongsberg Automotive ASA

Kongsberg Automotive provides cutting-edge technology to the global vehicle

industry. We drive the global transition to sustainable mobility by putting

engineering, sustainability, and innovation into practice. Our product portfolio

includes driver and motion control systems, fluid assemblies, and industrial

driver interface products. Find more information at

https://www.kongsbergautomotive.com

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