FREYR is developing environmentally friendly lithium-ion based battery cell facilities in Mo i Rana, Northern Norway. FREYR will supply high energy density and cost-competitive clean batteries to rapidly growing markets globally using the best available technology and globally leading partners powered by low-cost, renewable hydro and wind power.

Purpose

FREYR offers a clean Nordic solution to the rapidly growing global demand for high-density and cost-competitive battery cells for stationary energy storage (ESS), electric mobility, and marine applications.

They are targeting the production of environmentally friendly battery cells through a business model intended to maximize long-term value creation and unlock sustainable, superior returns to their stakeholders.