# Evtec Aluminium awarded $67M supply contract from Jaguar Land Rover

Evtec Aluminium, the planned acquisition target of Blackboxstocks, was awarded a long-term supply contract from JLR (Jaguar Land Rover) to supply lightweight aluminum parts for a new line of Jaguar electric vehicles to be introduced in 2025. The contract is expected to provide over $67 million in new sales.

- Type: Contract
- Announced: 2024-02-01
- Where: United Kingdom
- Value: $67.0M
- Status: announced
- Products: lightweight aluminum parts for EV powertrain
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Evtec Aluminium Limited](https://endata.com/companies/74415.md)
- [Jaguar Land Rover](https://endata.com/companies/3372.md) (customer)
- [JLR](https://endata.com/companies/12895.md) (customer)
- [Blackboxstocks Inc.](https://endata.com/companies/74414.md) (investor)
- [Evtec Aluminium Limited](https://endata.com/companies/74415.md) (supplier)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/02/01/2821920/0/en/Blackboxstocks-Inc-Acquisition-Target-Evtec-Aluminium-Receives-New-67-Million-Long-Term-Supply-Contract-from-Jaguar-Land-Rover.html), 2024-02-01: "We are delighted to be a crucial supply partner in the transition to all-electric by JLR and to further extend our reach around the EV power pack and supporting architecture supply chain with them."
- [prnewswire.com](https://www.prnewswire.com/news-releases/blackboxstocks-inc-acquisition-target-evtec-aluminium-receives-new-67-million-long-term-supply-contract-with-jlr-302050954.html), 2024-02-01: "We are delighted to be a crucial supply partner in the transition to all-electric by JLR and to further extend our reach around the EV power pack and supporting architecture supply chain with them."
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5274163/evtec-aluminium-secures-67m-supply-contract-with-jlr-for-new-ev-line), 2024-02-02: "Evtec will be a single-source supplier for key components in the EV powertrain of the new line of EVs being introduced by Jaguar."
- [aluminium-journal.com](https://aluminium-journal.com/aluminium-parts-supplier-signs-jlr-contract), 2024-02-29: "We are delighted to be a crucial supply partner in the transition to all-electric by JLR and to further extend our reach around the EV power pack and supporting architecture supply chain with them."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.