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Stock impact report

FREYR Battery Provides Operations Update

FREYR Battery, Inc. (FREY) 
Company Research Source: Business Wire
FREYR has completed its first production trial of manufacturing chargeable unit cells with the Casting and Unit Cell Assembly machinery at the Customer Qualification Plant (“CQP”). This step, which marks the first time all manufacturing steps were run with automated processes, was reached in accordance with the previously communicated H1 2024 timeline. FREYR is now the first company to complete automated production trials on the second-generation SemiSolidTM manufacturing platform.On June 20th, FREYR’s teams, partners and vendors at the CQP successfully produced dozens of unit cells with the automated Casting Unit Cell Assembly Machine. Several of the unit cells showed promising characteristics and formation was initiated on several produced cells.This achievement at the CQP further demonstrates FREYR’s capability to reach production milestones on a complex and novel next generation battery production platform. With this step, FREYR has strengthened the Company’s position as an attrac Show less Read more
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