FREY - Why FREYR Battery Shares Jumped 26% Wednesday | Benzinga
FREYR Battery, Inc. (NYSE:FREY) shares traded higher Wednesday after the company successfully completed its first production trial of unit cells utilizing the full capabilities of the Casting and Unit Cell Assembly machine, marking a monumental technical achievement.
What To Know: This milestone positions Freyr as a trailblazer in giga-scale battery production, becoming the first company globally to demonstrate such functionality for the second generation of the 24M Technologies SemiSolid platform. As Freyr advances towards full automation of its production line equipment, it is working to solidify its role as a leading partner in novel lithium-ion battery production technologies, particularly those rooted ...