FREYR and 24M sign License and Services Agreement for mass production of clean, low-cost and safe lithium-ion battery cells
FREYR AS and 24M Technologies, Inc. have signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology in FREYR’s planned facilities in Mo i Rana, Norway. FREYR is targeting the development of over 40 GWh of scalable, modular battery cell production capacity via a phased development approach utilizing deep partnership-based strategies, including in-licensing of next generation technologies. 24M’s SemiSolid platform technology provides unique opportunities for the production of cost-optimized, application-specific designs in both grid