July 19, 2021

FREYR Advances Clean Battery Cell Production in Norway with Customer Qualification Plant Final Investment Decision

LUXEMBOURG–(BUSINESS WIRE)–FREYR Battery (NYSE: FREY, or “FREYR”), a developer of clean, next-generation battery cell production capacity, has reached a final investment decision (“FID”) by the FREYR Board of Directors to proceed with the construction of the Customer Qualification Plant (“CQP”) and first battery cell production line in Mo i Rana, Norway. The FID comes after completing the tender processes and allows for the award of contracts for key production equipment supply. Preparatory w


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