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home / news releases / FREY - FREYR Battery Looks To Be A Great Speculative Long Term Buy As Li-Ion Battery Demand Is Set To Grow 10-22x This Decade

FREY - FREYR Battery Looks To Be A Great Speculative Long Term Buy As Li-Ion Battery Demand Is Set To Grow 10-22x This Decade

FREYR Battery
  • FREYR plans to develop ~43 GWh of clean battery cell manufacturing capacity mostly in Norway by end 2025 & ~83 GWh by end 2028, with a possible JV in the USA.
  • FREYR has award-winning 24M Technologies, Inc. as their technology partner and has MOUs with shipping giant Maersk, Scatec, Siemens Energy, ITOCHU.
  • Valuation is difficult due to the early stage; however, based on more advanced peers, the upside looks very promising if they can succeed. Risks are numerous, but FREYR received US$850m from the Alussa Energy acquisition.

For further details see:

FREYR Battery Looks To Be A Great Speculative Long Term Buy As Li-Ion Battery Demand Is Set To Grow 10-22x This Decade
Stock Information
Company Name: FREYR Battery
Stock Symbol: FREY
Market: NYSE
Website: freyrbattery.com
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