# 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.

- Type: Contract
- Announced: 2023-09-08
- Value: $1.50B (2000.0B KRW)
- Status: announced
- Products: copper foil
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SK Nexilis](https://endata.com/companies/10983.md) (supplier)
- [Envision AESC](https://endata.com/companies/10984.md) (customer)

## Sources

- [just-auto.com](https://www.just-auto.com/news/sk-nexilis-wins-copper-foil-order-from-envision-aesc/), 2023-09-08: "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."

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