Despite challenging market conditions marked with rising interest rates and
sluggish growth in electric vehicle sales, Zaptec recorded record-breaking
quarterly revenue 134 per cent above the same period in 2022. Over the past 12
months, Zaptec's total revenue has reached 1.1 billion NOK. 

- Our record-breaking revenue and growth reflect our employees' dedication and
ability to adapt to challenging market conditions. We have delivered strong
results in a tough market because we remain committed to delivering quality and
safety. Our focus on innovation and safety has been maintained through our
continuous product development and over-the-air updates, bringing quality
improvements to existing and new product owners, says Zaptec's CEO, Peter
Bardenfleth-Hansen. 

- Quality, indeed, bears fruit. The success we now witness is not a stroke of
luck