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FREYR Battery Provides Operations Update

FREYR’s previously communicated plan to start up initial fully automated production at the CQP by 4Q 2023 remains on track NEW YORK & OSLO, Norway & LUXEMBOURG - FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, provided an update this morning on the company’s continued operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. Unit cell production With the initial cell testing program for Nidec Corporation (TSE: 6594; “Nidec”) underway and following the assembly and successful charging of unit

FREYR Battery Appoints Executive to Lead Global Corporate Development and U.S. Execution

New York, Oslo and Luxembourg, December 23, 2022, FREYR Battery (NYSE: FREY) (“FREYR” or “the Company”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Jeremy Bezdek to the position of Executive Vice President of Global Corporate Development and President for FREYR Battery U.S. “Our Giga America phased development is accelerating, catalyzed by the Inflation Reduction Act, and based on the Giga Arctic blueprint for a world leading Gigafactory in Coweta Country, Georgia. In parallel, FREYR is also significantly expanding its

FREYR Battery lanserer planlagt batterifabrikk i Georgia, USA

New York, Oslo og Luxembourg, 11. november 2022. FREYR Battery (NYSE: FREY) (“FREYR”), utvikler av neste generasjons battericeller, har valgt Coweta County i staten Georgia for sin planlagte battericellefabrikk i USA, kalt "Giga America". Selskapet har kjøpt en tomt i Bridgeport Industrial Park etter en omfattende evaluering basert på operasjonelle og økonomiske kriterier.  FREYR planlegger å starte detaljprosjekteringen i løpet av de kommende månedene. Første byggetrinn av Giga America er en planlagt battericellefabrikk med kapasitet på rundt 34 GWt per år basert på neste generasjon av

FREYR Battery Enters Strategic Partnership with Hana Technology

New York, Oslo and Luxembourg, August 24, 2022, FREYR Battery (NYSE: FREY) (“FREYR” or the “company”), a developer of clean, next-generation battery cell production capacity, has awarded a strategic alliance frame agreement to South Korea-based Hana Technology Co. Ltd (“Hana Technology”). Together, the two companies will jointly develop equipment and automation solutions for FREYR’s Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, as well as for FREYR’s planned Gigafactories.   Hana Technology develops precision automation solutions for battery facilities and other industrial

FREYR Battery Appoints Head of U.S. Operations

New York, Oslo and Luxembourg, August 23, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Michael J. Brose to the newly created position of Vice President of U.S. Operations. Before his appointment at FREYR, Brose was the Chicago-based plant manager for WR Grace, a supplier of high-performance chemicals and materials.   “The U.S. is a key strategic market and a central element of our expansion roadmap, which calls for us to recruit strong leaders who understand both the operational and

FREYR Battery Establishes Technology Center in Boston

New York, Oslo, Norway and Luxembourg, August 22, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has opened its first U.S.-based technology center in Boston in accordance with the company’s expansion strategy. Listed on the New York Stock Exchange, FREYR is collaborating with its joint venture (“JV”) partners from Koch Strategic Platforms  (“KSP”) to

FREYR Battery Opens Technology Resources Campus and Business Unit in Japan

Company’s First Asia Location Provides Access to the Region’s Extensive Clean Battery Resources and Expertise New York; Oslo, Norway; and Luxembourg – August 11, 2022 – FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced the establishment of a technology resources campus and business unit in Japan. The new business unit is the company’s first physical location in Asia and will focus on efforts to facilitate and scale-up FREYR’s testing and development of the 24M Technologies (“24M”) battery platform. FREYR’s new facility

FREYR Battery Reports Second Quarter 2022 Results

NEW YORK & OSLO, Norway & LUXEMBOURG - FREYR Battery (NYSE: FREY) (“FREYR” or the “company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2022. Highlights of the second quarter 2022 and subsequent events: · In June, FREYR’s Board of Directors sanctioned the construction of its first commercial scale battery manufacturing facility, the 29 GWh nameplate capacity Giga Arctic development in Mo i Rana, Norway. · Launched Giga Arctic project financing efforts in mid-July with the initiation of a

FREYR Battery Sanctions Construction of its Inaugural Gigafactory

Increases plant capacity to 29 GWh, based on $1.6 billion in identified debt financing support, catalyzed by the Norwegian National Battery Strategy and Norway’s Export Credit Agency Eksfin’s indication of up to EUR 400 million in guarantees and/or loans- FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway - FREYR is increasing the nameplate capacity of Giga Arctic to 29 GWh in response to improving battery supply-demand dynamics, ongoing commercial

FREYR Battery concludes raw materials agreement

New York, Oslo and Luxembourg, June 15, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into a reservation agreement with Changzhou Senior New Energy Materials Co., Ltd. and Senior Material (Europe) AB to supply battery materials for its Customer Qualification Plant (“CQP”), currently under construction in Mo i Rana, Norway, as well as for the company’s planned combined Gigafactory 1 & 2. Subject to the terms and conditions of the reservation agreement, Changzhou Senior New Energy Materials Co. and Senior

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