FREYR Battery Stock Price Today (FREY)
2023.02.24 13:50
The rapidly expanding global demand for high-density, cost-competitive battery cells for stationary energy storage (ESS), electric mobility, and marine applications is met by FREYR, a clean Nordic solution.
Through a business model designed to maximize long-term value creation and unlock sustainable, superior returns for our stakeholders, we are aiming to produce environmentally friendly battery cells.
FREYR Battery aims to reduce global emissions by providing clean battery solutions on an industrial scale. FREYR, which is listed on the New York Stock Exchange, aims to produce environmentally friendly battery cells to speed up the global decarbonization of energy and transportation systems.
FREYR has announced the potential development of industrial-scale battery cell production in Vaasa, Finland, and the United States, and has begun construction on the first of its planned factories in Mo i Rana, Norway.
By 2025, FREYR intends to install 50 GWh of battery cell capacity, 100 GWh per year by 2028, and 200 GWh per year by 2030.
