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Sep 8, 2023CONTRACT

SK Nexilis signs KRW2 trillion copper foil supply deal with Envision AESC

SK Nexilis signed a contract worth KRW 2 trillion (about US$1.5 billion) to supply copper foil to Envision AESC over 10 years starting in 2025. The volume is estimated at about half of Envision's current global EV battery requirements.

Value

$1.50B (2000.0B KRW)

Status

Announced

Productscopper foil

CompaniesSK Nexilis supplier Envision AESC customer

Sectors#Electrical Equipment

“South Korea's SK Nexilis this week said it had signed a contract worth KRW2trn (US$1.5bn) to supply copper foil to Chinese owned electric vehicle (EV) battery manufacturer Envision Automotive Energy Supply.”just-auto.com

1 source
just-auto.comSK Nexilis wins copper foil order from Envision AESC - Just AutoSep 8, 2023

Summarized from public sources; check the original articles before acting on it.

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