,Copper foil is one of the key materials used in the lithium-ion battery for electric vehicles. – SK Nexilis Co pic, March 22, 2021. SKC Inc, the chemical unit of South Korean conglomerate SK Group, said today it will spend US$620 million (RM2.55 billion) to build its first overseas manufacturing factory for copper foil, one of the key materials for electric vehicle batteries, in Malaysia, reported Yonhap.SKC and its copper foil-making unit, SK Nexilis Co, signed a memorandum of understanding with the Malaysian government to build the facility in Kota Kinabalu, the capital city in the east Malaysian state Sabah.
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