Kongsberg Automotive Wins 1Y Contract worth EUR 7 million

Source: www.gulfoilandgas.com 6/28/2022, Location: Asia

Kongsberg Automotive's Powertrain and Chassis (P&C) business segment has secured a one-year contract worth EUR 7 million. P&C's Driveline business unit was awarded this contract for the ARC- Generation 3 (electronic actuator with control units), adapted for ICE/PHEV/HEV transmissions. The contract will start in November 2022 and KA's Wuxi plant will supply these advanced actuator products to one of the largest OEMs in China.

"We are pleased to continue the transition from mechanical shifters and cables to fully electronic, mechatronic systems in our Driveline business unit," says Bob Riedford, President of P&C, adding, "This award solidifies our strong share in the important Chinese automotive market."

Gulf Oil and Gas
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