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Kongsberg Automotive, Kongsberg Devotek and Kongsberg Innovation join forces for electric and hybrid vehicles
Jun 26, 2009 (Hugin via COMTEX) --
Kongsberg, 26 June 2009.
Kongsberg Automotive, a diversified automotive supplier that delivers
systems to the global car and truck industry, and Kongsberg Devotek,
an innovative system development house, announced today a joint
project to identify new business opportunities within system and
product applications for future electric- and hybrid vehicles. The
joint project will be facilitated by Kongsberg Innovation, a company
who has strong focus on renewable energy, and who is owned by the
leading industries in Kongsberg along with e.g. Statoil Hydro. The
project will focus on the driveline needs of these next generation
vehicles.
"We are very pleased with this innovative partnership", says Hans
Peter Havdal, President of Automotive Systems at Kongsberg
Automotive. "In combination with Kongsberg Devotek's 25 years of
experience in automotive product development and Kongsberg
Innovation's competence in the field of renewable energy, we are well
positioned to understand the challenges of the market and identify
new opportunities for electric and hybrid vehicle components and
systems. It is expected that hybrid- and electric vehicles will count
for 10 - 15% of the global market within the next 10 years. It is
important to us to further strengthen our presence in this segment".
###
Kongsberg Automotive is headquartered in Kongsberg, Norway and has
approx. 50 facilities in 20 countries on all continents. Kongsberg
Automotive provides system solutions to vehicle makers around the
world. The product portfolio includes gearshift systems, cables for a
wide variety of applications, fuel lines, tubing and hoses,
couplings, clutch actuation, stabilizing rods, seat heaters, seat
ventilation, lumbar supports, head restrains, arm rests, steering
columns, pedals, electronics and displays. Find more information at
www.kongsbergautomotive.com.
Kongsberg Devotek is headquarted in Kongsberg with sites in Asker,
Alensund and Mandal. Devotek is an independent development house
providing high technology solutions to companies developing, owning
and selling products and systems subjected to tough environments.
Find more information at www.devotek.com
###
FOR MORE INFORMATION, CONTACT:
Hans Peter Havdal
President, Automotive Systems
Phone: +47 32 77 05 20. Mobile: +47 92 06 56 90
Ronny Lie
Director Communication
Phone : +47 32 77 05 11. Mobile : +47 91 61 07 98
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
SOURCE: Kongsberg Automotive Holding ASA
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