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Kongsberg Automotive acquires Chassis Autonomy for EV market

August 12, 2025 at 02:01 PM UTCBy FilingReader AI

Kongsberg Automotive is exercising its call-option to acquire the remaining 75% of Chassis Autonomy, making it a wholly-owned subsidiary.

The acquisition targets the steer-by-wire market projected to reach €3.5bn by 2035. Chassis Autonomy specializes in steer-by-wire road wheel actuators and holds 31 patents.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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