Purpose

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

We are planning to develop up to 43 GWh of battery cell production capacity by 2025 to position FREYR as one of Europe’s largest battery cell suppliers.

Our facilities are located in the crisp, clear, and energized environment of Northern Norway, where we are in close vicinity to a highly skilled workforce and an abundant supply of renewable energy at a low cost.

Meet the CEO of FREYR, Tom Einar Jensen: