Norway, Aug. 12 -- Kongsberg Automotive (KA) announces that it has, through its subsidiary Kongsberg Automotive AS, decided to exercise its call-option to acquire the remaining 75% of the shares in Chassis Autonomy SBA AB (CA). Following the transaction, KA will hold 100 % of the shares in CA and the transaction is planned to be completed this week. This acquisition marks a strategic bid on steer-by-wire and is the result of a long-standing and successful collaboration between the two companies.The steer-by-wire market is projected to grow substantially over the next decade, with estimates reaching EUR 3.5 billion by 2035. Through this acquisition, KA aims to secure a meaningful share of this fast-expanding segment. CA will continue its ope...