Welcome to our dedicated page for Freyr Battery news (Ticker: FREY), a resource for investors and traders seeking the latest updates and insights on Freyr Battery stock.
FREYR Battery (NYSE: FREY) is a leader in sustainable energy storage solutions, combining lithium-ion battery production with renewable energy integration. This dedicated news hub provides investors and industry professionals with timely updates on the company’s strategic initiatives, technological advancements, and market positioning.
Access verified press releases and analysis covering key developments including quarterly financial results, R&D partnerships, production milestones, and clean energy projects. Our curated collection enables efficient tracking of FREYR’s progress in serving electric vehicle sector demands and expanding into marine/aviation energy storage markets.
Discover updates on the company’s cluster-based innovation model with European research institutions, operational expansions, and sustainability achievements. All content is professionally vetted to ensure accuracy and relevance for informed decision-making.
Bookmark this page for streamlined access to FREYR Battery’s latest developments. Check regularly for authoritative reporting on Norway’s evolving clean energy landscape and its position within Europe’s battery value chain.
FREYR Battery has successfully completed its first production trial of manufacturing chargeable unit cells using automated processes at its Customer Qualification Plant (CQP) in Mo i Rana, Norway. This milestone makes FREYR the first to complete automated production trials on the second-generation SemiSolidTM platform. The trials, conducted on June 20th, produced multiple unit cells with promising characteristics. The company aims to enhance the technical and economic competitiveness of its battery technology while finalizing various commercial agreements in North America and Europe.
FREYR Battery announced significant leadership changes to support its strategic focus on accelerating its path to profitability. Co-Founder Tom Jensen returns as CEO, Director Daniel Barcelo becomes Chair of the Board, and Evan Calio is appointed CFO. These changes align with FREYR's shift towards the U.S. market and key initiatives to drive revenue and profitability. Outgoing CEO Birger Steen and CFO Oscar Brown will stay briefly to ensure smooth transitions. The new management aims to capitalize on U.S. market opportunities, advance 24M SemiSolidTM technology, and finalize a partnership with an established cell producer.
FREYR Battery has successfully completed its first production trial of unit cells at its Customer Qualification Plant (CQP) in Mo i Rana, Norway. This milestone demonstrates the functionality of giga-scale production line equipment for the second generation of the 24M Technologies SemiSolid™ platform, making FREYR the first company globally to achieve this. The CQP team now aims to produce unit cells using fully automated processes and plans to manufacture multi-layer pouch battery cells by Q2 2024. The trial was facilitated by the integration of casting webs across cathode, anode, and merge units. This achievement positions FREYR as a leading partner for advanced lithium-ion battery production technologies.
FREYR Battery (NYSE: FREY), a developer of next-generation clean battery cell production capacity, announced its participation in TD Cowen’s 2nd Annual Sustainability Week virtual conference. The event will take place on Wednesday, May 22, 2024. FREYR's Co-founder and Executive Chair, Tom Einar Jensen, will join a fireside chat at 3:45 pm EDT to discuss the company's advancements and industry trends.
FREYR Battery, Inc. (NYSE: FREY) reported financial results for the first quarter of 2024. They are approaching a major milestone in unit cell production at the Customer Qualification Plant and accelerating pathways to generate revenues. The Company is strengthening its Board of Directors and focusing on the stationary storage market. FREYR continues to evaluate the Giga Arctic facility and is progressing with conventional cell production technology at Giga America. They are streamlining projects to accelerate market entry and pursuing two strategic agreements.
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