- 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