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Kongsberg Automotive Secures Major EV Contract
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Kongsberg Automotive Secures Major EV Contract

Kongsberg Automotive Holding ASA (KGAUF) has released an update.

Invest with Confidence:

Kongsberg Automotive has secured a significant 10-year contract valued at over EUR 24 million for its innovative Nylon coolant assemblies, specifically designed for the luxury electric vehicle SUV market. Production is set to begin in 2027, with the assemblies being produced at their Poland facility, marking a strategic step forward for the company’s thermal management systems in the growing e-mobility sector.

For further insights into KGAUF stock, check out TipRanks’ Stock Analysis page.

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