Freyr battery have good turn at the bottom and now have good buy opportunity. Freyr battery's Norwegian factory is in the final stages of construction and is expected to cost roughly $1.7 billion.Freyr battery opened Customer Qualification Plant (CQP) in Mo i Rana, Norway, on March 28th, 2023. FREYR Battery said Tuesday it has begun discussions with four global industrial and energy companies, including Caterpillar CAT, on a potential strategic coalition seeking to advance sustainable battery offerings in North America and Europe. Siemens, Nidec, and Glencore are also in discussions to form the non-binding alliance, which may set up guiding principles including a shared vision of battery technology as critical to the energy transition, and a pledge to collectively scale up the deployment of batteries in Europe, North America and beyond.
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