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Kongsberg Automotive

Full company profile

uuid0002uqa

Namestring
Kongsberg Automotive
Legal namestring
Kongsberg Automotive ASA
Company typeenum
Public
Founded yearint
2007
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersKongsberg, Norway
HQ citystring
Kongsberg
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
automotive components, commercial vehicle systems, steer-by-wire technology, powertrain solutions, fluid transfer systems
Industry3 codes
1Automotive Electric Motors & Actuators Manufacturing (EPS/Brake-by-wire/Seat/Window)
CodeIMACAJALPrimaryYes
2Steering Systems & Components (Columns/Racks/EPS Pumps & Motors)
CodeIMACAIABPrimaryNo
3Passenger Vehicle Electrical & Electronics Manufacturing (ICE)
CodeIMACAAAKPrimaryNo
NAICS code3 codes
  • Motor Vehicle Electrical and Electronic Equipment Manufacturing33632
  • Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing33633
  • Motor Vehicle Parts Manufacturing3363
SIC code1 code
  • Motor Vehicle Parts & Accessories3714
Product category
Automotive Components and Mobility Systems
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Automotive Components Sales
TypeHardware Sales
Description

Revenue generated from sale of automotive components and systems to OEMs and through aftermarket channels

kongsbergautomotive.com
2Aftermarket Products
TypeHardware Sales
Description

Sales of replacement parts and components through global distributor network

kongsbergautomotive.com
3Industrial Hoses
TypeHardware Sales
Description

Industrial hose products through dedicated subsidiary KA Hose website

kongsbergautomotive.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Kongsberg Automotive manufactures and sells driver and motion control systems, fluid assemblies, and industrial driver interface products to the global vehicle industry. Core offerings include Steer-by-Wire electronic steering, Powertrain Solutions, Thermal Management, Fluid Transfer (industrial hoses), Air Couplings, Chassis/Driveline components, and Driver Control Systems (pedals, hand controls, stalk shifters), sold to commercial vehicle, passenger car, and off-highway OEMs with a global aftermarket parts network.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • EBIT margin improvement to 5.6% in Q4 2025 from 0.6% in Q4 2024
+2 more records
Product overview1 text field

Kongsberg Automotive provides cutting-edge technology to the global vehicle industry, driving the transition to sustainable mobility. The company offers a unified portfolio of driver and motion control systems, fluid assemblies, and industrial driver interface products. Core offerings include Steer-by-Wire electronic steering, Powertrain Solutions, Thermal Management systems, Fluid Transfer (industrial hoses), Air Couplings for commercial vehicles, Chassis/Driveline components, and Driver Control Systems (pedals, hand controls, stalk shifters). The Aftermarket division provides replacement parts including cables, clutch servos, hydraulic gear shift, I-Shift, master cylinders, V-Stay, and pedals. Products serve Commercial Vehicles, Passenger Cars, Off-highway, and Aftermarket segments across 15 countries.

Product and service8 records
1Steer-by-Wire
CategoryDriver Control Systems
Description

Electronic steering control system that replaces traditional mechanical linkages with electronic signals, enabling advanced driver assistance features and autonomous driving capabilities. Targeted at commercial vehicle and passenger car OEMs.

2Powertrain Solutions
CategoryPowertrain Systems
Description

Systems controlling power delivery and transmission in vehicles, including components for electric and hybrid drivetrains. Sold to commercial vehicle and passenger car manufacturers requiring drivetrain integration.

3Thermal Management
CategoryThermal Management Systems
Description

Climate control and temperature regulation systems for vehicle cabins and components, supporting electric vehicle battery cooling. Used by commercial vehicle and passenger car OEMs.

4Fluid Transfer
CategoryFluid Handling Systems
Description

Industrial hose assemblies and fluid conveyance systems for commercial vehicles and off-highway applications. Sold through dedicated subsidiary KA Hose.

5Air Couplings
CategoryPneumatic Systems
Description

Pneumatic connection systems for commercial vehicles, including air brake couplings and air suspension components. Used by commercial vehicle OEMs and electric truck manufacturers.

6Chassis/Driveline
CategoryChassis and Driveline
Description

Driveline components including propshafts and driveline assemblies connecting powertrain to wheels. Sold to commercial vehicle and passenger car OEMs.

7Driver Control Systems
CategoryDriver Interface Products
Description

Pedals, hand controls, and stalk shifters for vehicle command input, including clutch servos and master cylinders. Manufactured at the Willis, Texas tech center serving over 250 clients in construction and agriculture sectors.

8Aftermarket Products
CategoryAftermarket Replacement Parts
Description

Replacement parts and service components including cables, clutch servos, hydraulic gear shift systems, I-Shift components, master cylinders, V-Stay stabilizers, and pedals for commercial vehicles, sold through global distributor network and online aftermarket catalog.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-11-09
Description

Acquisition of Skriverform AS, a Norwegian maker of injection molding tools, completed on November 9, 2023. Part of strategic plan to enhance supply chain control and product offerings. Strengthens technical capabilities and vertical integration for Kongsberg Automotive.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

World leader in commercial vehicle braking systems, air couplings, and driver controls; closely matches Kongsberg Automotive's air coupling, braking, and commercial vehicle portfolio.

TypeDirect peer
Description

Pre-eminent commercial vehicle air brake, air coupling, and electronic control supplier; now part of ZF, with directly comparable commercial vehicle systems.

TypeBroad incumbent
Description

Large global automotive and commercial vehicle Tier 1 with overlapping steering, driveline, braking, and electronic shifter products spanning passenger car and CV markets.

TypeBroad incumbent
Description

Largest automotive Tier 1 with broad portfolio including steering (EPS), powertrain, and electronic control systems overlapping with Kongsberg Automotive's electronic and mechatronic products.

TypeBroad incumbent
Description

Global automotive supplier with significant steering (incl. steer-by-wire), powertrain, and thermal management divisions competing across KA's passenger and commercial vehicle product lines.

TypeDirect peer
Description

Specialist in driveline, propshaft, and e-axle components for light, commercial, and off-highway vehicles; directly competes with Kongsberg Automotive's Chassis/Driveline business.

TypeDirect peer
Description

Leading global supplier of commercial-duty fully automatic transmissions and hybrid/EV propulsion systems; overlapping with KA's powertrain solutions and I-Shift components.

TypeDirect peer
Description

Automotive and industrial supplier with steering, drivetrain, and chassis components including electromechanical steering systems; comparable to KA's steer-by-wire and driveline offerings.

TypeDirect peer
Description

Diversified motion and control technologies company with strong fluid handling, hose, and industrial hose business directly comparable to Kongsberg Automotive's Industrial Hoses (KA Hose) segment.

TypeDirect peer
Description

Commercial vehicle drivetrain, axle, and brake specialist (now part of Cummins); directly comparable to KA's commercial vehicle chassis and driveline components.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Kongsberg Automotive

Automotive Components and Mobility Systemskongsbergautomotive.com

Kongsberg Automotive firmographics

Firmographics
Name
Kongsberg Automotive
Legal name
Kongsberg Automotive ASA
Website
https://kongsbergautomotive.com
Company type
Public
Founded year
2007
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Kongsberg Automotive industry classification

Industry
Product category
Automotive Components and Mobility Systems
NAICS
Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633), Motor Vehicle Parts Manufacturing (3363)
SIC
Motor Vehicle Parts & Accessories (3714)
akta.pro primary industry
Automotive Electric Motors & Actuators Manufacturing (EPS/Brake-by-wire/Seat/Window) (IMACAJAL)
akta.pro secondary industries
Steering Systems & Components (Columns/Racks/EPS Pumps & Motors) (IMACAIAB), Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK)

Keywords

  • Automotive components
  • Commercial vehicle systems
  • Steer-by-wire technology
  • Powertrain solutions
  • Fluid transfer systems

Where Kongsberg Automotive is headquartered

Location

Headquarters

HQ city
Kongsberg
HQ country
Norway
HQ region
Europe

Offices8 records

Markets served

Kongsberg Automotive business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Automotive Components Sales: Revenue generated from sale of automotive components and systems to OEMs and through aftermarket channels
  2. Aftermarket Products: Sales of replacement parts and components through global distributor network
  3. Industrial Hoses: Industrial hose products through dedicated subsidiary KA Hose website

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Kongsberg Automotive product offering

Product offering

Core offering

Kongsberg Automotive manufactures and sells driver and motion control systems, fluid assemblies, and industrial driver interface products to the global vehicle industry. Core offerings include Steer-by-Wire electronic steering, Powertrain Solutions, Thermal Management, Fluid Transfer (industrial hoses), Air Couplings, Chassis/Driveline components, and Driver Control Systems (pedals, hand controls, stalk shifters), sold to commercial vehicle, passenger car, and off-highway OEMs with a global aftermarket parts network.

Product overview

Kongsberg Automotive provides cutting-edge technology to the global vehicle industry, driving the transition to sustainable mobility. The company offers a unified portfolio of driver and motion control systems, fluid assemblies, and industrial driver interface products. Core offerings include Steer-by-Wire electronic steering, Powertrain Solutions, Thermal Management systems, Fluid Transfer (industrial hoses), Air Couplings for commercial vehicles, Chassis/Driveline components, and Driver Control Systems (pedals, hand controls, stalk shifters). The Aftermarket division provides replacement parts including cables, clutch servos, hydraulic gear shift, I-Shift, master cylinders, V-Stay, and pedals. Products serve Commercial Vehicles, Passenger Cars, Off-highway, and Aftermarket segments across 15 countries.

Differentiator

Problem solved

Functional benefit

Products and services

  • Steer-by-Wire Electronic steering control system that replaces traditional mechanical linkages with electronic signals, enabling advanced driver assistance features and autonomous driving capabilities. Targeted at commercial vehicle and passenger car OEMs.
  • Powertrain Solutions Systems controlling power delivery and transmission in vehicles, including components for electric and hybrid drivetrains. Sold to commercial vehicle and passenger car manufacturers requiring drivetrain integration.
  • Thermal Management Climate control and temperature regulation systems for vehicle cabins and components, supporting electric vehicle battery cooling. Used by commercial vehicle and passenger car OEMs.
  • Fluid Transfer Industrial hose assemblies and fluid conveyance systems for commercial vehicles and off-highway applications. Sold through dedicated subsidiary KA Hose.
  • Air Couplings Pneumatic connection systems for commercial vehicles, including air brake couplings and air suspension components. Used by commercial vehicle OEMs and electric truck manufacturers.
  • Chassis/Driveline Driveline components including propshafts and driveline assemblies connecting powertrain to wheels. Sold to commercial vehicle and passenger car OEMs.
  • Driver Control Systems Pedals, hand controls, and stalk shifters for vehicle command input, including clutch servos and master cylinders. Manufactured at the Willis, Texas tech center serving over 250 clients in construction and agriculture sectors.
  • Aftermarket Products Replacement parts and service components including cables, clutch servos, hydraulic gear shift systems, I-Shift components, master cylinders, V-Stay stabilizers, and pedals for commercial vehicles, sold through global distributor network and online aftermarket catalog.

Quantifiable outcome

  • EBIT margin improvement to 5.6% in Q4 2025 from 0.6% in Q4 2024
  • +2 more outcomes

Companies that use Kongsberg Automotive

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Kongsberg Automotive technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Kongsberg Automotive partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Skriverform AScoreStrategic or Co-development Partner · 9 November 2023Acquisition of Skriverform AS, a Norwegian maker of injection molding tools, completed on November 9, 2023. Part of strategic plan to enhance supply chain control and product offerings. Strengthens technical capabilities and vertical integration for Kongsberg Automotive.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Kongsberg Automotive competitors and assessment

Company assessment

Direct peers

  • Knorr-Bremse AG: World leader in commercial vehicle braking systems, air couplings, and driver controls; closely matches Kongsberg Automotive's air coupling, braking, and commercial vehicle portfolio.
  • WABCO (ZF Friedrichshafen): Pre-eminent commercial vehicle air brake, air coupling, and electronic control supplier; now part of ZF, with directly comparable commercial vehicle systems.
  • Dana Incorporated: Specialist in driveline, propshaft, and e-axle components for light, commercial, and off-highway vehicles; directly competes with Kongsberg Automotive's Chassis/Driveline business.
  • Allison Transmission Holdings Inc. Leading global supplier of commercial-duty fully automatic transmissions and hybrid/EV propulsion systems; overlapping with KA's powertrain solutions and I-Shift components.
  • Schaeffler AG: Automotive and industrial supplier with steering, drivetrain, and chassis components including electromechanical steering systems; comparable to KA's steer-by-wire and driveline offerings.
  • Parker Hannifin Corporation: Diversified motion and control technologies company with strong fluid handling, hose, and industrial hose business directly comparable to Kongsberg Automotive's Industrial Hoses (KA Hose) segment.
  • Meritor (Cummins): Commercial vehicle drivetrain, axle, and brake specialist (now part of Cummins); directly comparable to KA's commercial vehicle chassis and driveline components.

Broad incumbents

  • ZF Friedrichshafen AG: Large global automotive and commercial vehicle Tier 1 with overlapping steering, driveline, braking, and electronic shifter products spanning passenger car and CV markets.
  • Robert Bosch GmbH: Largest automotive Tier 1 with broad portfolio including steering (EPS), powertrain, and electronic control systems overlapping with Kongsberg Automotive's electronic and mechatronic products.
  • Continental AG: Global automotive supplier with significant steering (incl. steer-by-wire), powertrain, and thermal management divisions competing across KA's passenger and commercial vehicle product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Kongsberg Automotive social profiles

Digital presence

Kongsberg Automotive compliance and trust

Trust signal

Compliance1 record

Kongsberg Automotive financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kongsberg Automotive leadership team

Management profile

Number of profiles

Profiles4 records

Kongsberg Automotive subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Kongsberg Automotive funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kongsberg Automotive M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kongsberg Automotive

What does Kongsberg Automotive do?

Kongsberg Automotive manufactures and sells driver and motion control systems, fluid assemblies, and industrial driver interface products to the global vehicle industry. Core offerings include Steer-by-Wire electronic steering, Powertrain Solutions, Thermal Management, Fluid Transfer (industrial hoses), Air Couplings, Chassis/Driveline components, and Driver Control Systems (pedals, hand controls, stalk shifters), sold to commercial vehicle, passenger car, and off-highway OEMs with a global aftermarket parts network.

Is Kongsberg Automotive a public or private company?

Kongsberg Automotive is a public company. It is classified as public and is currently operating.

When was Kongsberg Automotive founded?

Kongsberg Automotive was founded in 2007. It employs 1,001 to 5,000 people.

Where is Kongsberg Automotive based?

Kongsberg Automotive is headquartered in Kongsberg, Norway, in the Europe region.

How does Kongsberg Automotive make money?

Three revenue lines are on record. Automotive Components Sales are the primary driver. The others are aftermarket Products and industrial Hoses.

Who are Kongsberg Automotive's main competitors?

Direct peers on record are Knorr-Bremse AG, WABCO (ZF Friedrichshafen), Dana Incorporated, Allison Transmission Holdings Inc., Schaeffler AG, Parker Hannifin Corporation and Meritor (Cummins). Broad incumbents are ZF Friedrichshafen AG, Robert Bosch GmbH and Continental AG.

Does Kongsberg Automotive have an API?

No public API is recorded for Kongsberg Automotive.

What industry is Kongsberg Automotive in?

Kongsberg Automotive's product category is Automotive Components and Mobility Systems. Its primary akta.pro industry code is IMACAJAL, Automotive Electric Motors & Actuators Manufacturing (EPS/Brake-by-wire/Seat/Window), with a secondary code of IMACAIAB, Steering Systems & Components (Columns/Racks/EPS Pumps & Motors). Its NAICS code is 33632 and its SIC code is 3714.

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Live signals
E24PST henlegger etterforskning av Kongsberg AutomotiveNorway's PST dropped its investigation into Kongsberg Automotive over alleged sales of parts to Russia. The case was closed because no criminal offense was proven, and the company called it a full acquittal. The investigation had involved PST, DEKSA, and the Customs Authority.Investing.comKongsberg Q2 2026 slides: turnaround accelerates with profit surge By Investing.comKongsberg Automotive reported Q2 2026 results on July 16 showing a dramatic operational turnaround, with the Norwegian automotive supplier swinging from a net loss of €2.0 million in Q2 2025 to net income of €5.2 million, while EBIT surged to €12.0 million from a loss of €2.9 million year-over-year. Revenue reached €193.8 million with 7.9% sequential growth, marking the third consecutive quarter of revenue improvement, as the company reduced net interest-bearing debt by 17% to €105.8 million and improved its leverage ratio from 3.7x to 1.7x. The company announced €135 million in new contract awards for the quarter and is pursuing manufacturing footprint optimization through plant consolidation in China and restructuring in France.Investing.comKongsberg Automotive Q2 2026 slides: profitability surges on cost cuts By Investing.comKongsberg Automotive reported Q2 2026 results on July 16, swinging to a profit of EUR 5.2 million from a EUR 2.0 million loss a year earlier, with EBIT margin reaching 6.2% as cost-reduction initiatives delivered tangible results. Revenue grew modestly to EUR 193.8 million (+0.4% year-over-year), but the bottom-line improvement was dramatic with EBIT of EUR 12.0 million versus a loss of EUR 2.9 million, driven by EUR 4.2 million in overhead cost reductions, EUR 9.6 million lower warranty costs, and EUR 0.9 million in improved tariff recovery. The company also announced manufacturing footprint optimization in China (consolidating from 3 plants to 1) and restructuring in France, while securing EUR 135 million in contract awards.XMCap 6,604.79 Cr - Global leader: 1 in India, 2 globally in control cables, and 2 globally in halogen lamps. - Product range includes 15,000+ part numbers for control cables and 80+ https://t.co/0cgZxSuprajit Engineering, a global leader in control cables and halogen lamps, operates across India, US, Mexico, Hungary, Morocco, and China with 18 manufacturing plants. The company reports a 25-year sales CAGR of 21.6%, EBITDA margin of 13% for FY26, and a debt-to-equity ratio of 0.55. Recent acquisitions include Kongsberg Automotive's cable division and Stahlschmidt Cable Systems, while the newly launched Suprajit Electronics Division focuses on EV technologies and actuation systems.Just AutoKongsberg Automotive Accelerates China ConsolidationKongsberg Automotive is consolidating its China operations, centralizing production and support functions in Wuxi, with Shanghai and Shiyan activities phased out by May 30, 2026. The move follows its 2025 acquisition of KAMS, aiming to improve cost competitiveness and operational efficiency. The company reported FY2025 revenues fell 9.5% to €712.8m, though net income improved to €0.2m.news.cision.comConsolidation of China operations: Creating a stronger manufacturing plant and tech center in WuxiKongsberg Automotive ASA is consolidating its China operations into its Wuxi manufacturing plant and technology center, phasing out Shanghai and Shiyan operations by May 30, 2026. The move aims to improve cost competitiveness and operational efficiency, with the Shanghai entity to be deregistered.news.cision.comAnnual General Meeting minutesKongsberg Automotive ASA held its Annual General Meeting on May 21, 2026, re-electing all board members except one, who was replaced by a new member. The new board elected Olav Volldal as chair and Bård Klungseth as deputy chair, with the Nomination Committee unchanged. All proposals were approved.Seeking AlphaKongsberg Automotive ASA (KGAUF) Q1 2026 Earnings Call TranscriptKongsberg Automotive reported Q1 2026 revenues of EUR 179.6 million, down 1.7% from Q1 2025, while profitability improved significantly with EBIT rising to EUR 5.5 million from EUR 2.2 million and net profit turning positive at EUR 5.2 million versus a loss of EUR 2.2 million a year prior. The company secured EUR 77 million in contract awards during the quarter, including a EUR 31 million, 6-year contract with a North American electric truck manufacturer for air couplings to be manufactured in Mexico, reinforcing its market position in the commercial vehicle segment. CEO Trond Fiskum marked his one-year anniversary noting that cost reduction programs have been largely implemented and are driving margin improvements toward the company's long-term 6.5% EBIT target, while maintaining a cautiously optimistic market outlook.news.cision.comInvitation to Kongsberg Automotive's Q1 2026 Earnings CallKongsberg Automotive has scheduled the release of its Q1 2026 results for April 30, 2026, at approximately 07:00 CET, with a physical presentation to follow at 09:00 CET at Danske Bank's Aker Brygge location in Oslo. The earnings presentation will be conducted in English by President & CEO Trond Fiskum and CFO Erik Magelssen, with registration available via email and a live webcast accessible online. The company has published investor relations contact details and stated that recordings will be made available on its website following the event.TowardsautomotiveAutomotive Electro-Hydraulic Power Steering Market Trends 2035The automotive electro-hydraulic power steering market is projected to reach USD 30.78 billion by 2034, driven by technological convergence between electronic and hydraulic steering systems, increasing EV demand, and regulatory mandates for safety and emissions compliance. The steering motor sub-segment leads global adoption, with Asia-Pacific contributing over 45% of global demand as the primary manufacturing hub, while Europe and North America benefit from strong OEM partnerships and commercial vehicle electrification. Key industry developments include Kongsberg Automotive's sale of its Shawinigan business to Bombardier Recreational Products for €104 million in August 2022 and Robert Bosch's partnership with Arnold NextG in June 2023 to develop multi-electric systems for autonomous driving applications.