Kongsberg Automotive ASA engages in the development, manufacture and trade of components, accessories and spare parts. The company is headquartered in Kongsberg, Buskerud and currently employs 4,399 full-time employees. The company went IPO on 2005-06-24. The firm specializes its products and solutions for both passenger as well as commercial vehicles. The company aims to capitalize on growth in the commercial vehicle market and the shift toward sustainable mobility solutions. Kongsberg Automotive ASA product portfolio includes drive and motion control systems, fluid and thermal management systems, air management systems, and industrial driver interface products. The firm generates revenue primarily through the design, manufacturing, and sale of products to customers. The design phase involves creating engineering solutions and providing services such as simulations, drawings, and validations.