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.
We 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 our stakeholders.
"As a society, we must substantially accelerate our efforts to reduce CO₂ emissions at scale over the next ten years. Electrification and batteries are instrumental parts of the solution, representing one of the most exciting and sustainable growth vectors in the market.”
Torstein Dale Sjøtveit, Executive Chairman and Founder
FREYR Battery aims to provide industrial scale clean battery
solutions to reduce global emissions. Listed on the New York Stock
Exchange, FREYR’s mission is to produce green battery cells to
accelerate the decarbonization of energy and transportation systems
FREYR has commenced building the first of its planned
factories in Mo i Rana, Norway and announced potential development of
industrial scale battery cell production in Vaasa, Finland, and the
FREYR intends to install 50 GWh of battery cell capacity
by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030.
Meet the CEO of FREYR, Tom Einar Jensen