FREYR Battery (NYSE: FREY), a leading developer in clean, next-generation battery cell production, has reached a significant milestone in its operations with the successful completion of its first production trial at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. This accomplishment marks FREYR as the first company to achieve automated production trials on its second-generation SemiSolidTM manufacturing platform.
On June 20th, FREYR’s teams and partners achieved a key milestone by producing dozens of unit cells using the Casting and Unit Cell Assembly Machine at the CQP. This milestone, achieved ahead of schedule within the H1 2024 timeline, underscores FREYR’s capability to advance complex and innovative battery production technologies.
“This achievement demonstrates our commitment to pushing the boundaries of battery technology,” commented Mike Brose, Head of the CQP team at FREYR. “By automating the production process with our SemiSolidTM platform, we are not only enhancing efficiency but also setting new benchmarks in battery performance and sustainability.”
FREYR’s progress at the CQP solidifies its position as a preferred partner in the industrialization of next-generation Lithium-Ion battery production. The successful integration of automated processes highlights FREYR’s ability to meet stringent manufacturing standards and underscores its attractiveness to partners across the value chain.
Advancing Towards a Sustainable Future
FREYR’s achievement at the CQP aligns with its broader mission to accelerate the global transition to sustainable energy solutions. With increasing interest and commercial agreements in the pipeline, FREYR is poised to capitalize on growing demand for localized battery solutions in North America and Europe.
The company’s dual approach, focusing on both its SemiSolidTM technology and conventional production platforms, reflects its strategic foresight in navigating the evolving battery market landscape. By leveraging advancements in Artificial Intelligence and Machine Learning, FREYR aims to further enhance the technical and economic competitiveness of its battery solutions.
Driving Innovation and Sustainability
As FREYR continues to expand its operational capabilities and attract strategic investments, the company remains steadfast in its commitment to innovation and sustainability. The successful automation of production processes not only underscores FREYR’s technical prowess but also positions it as a leader in advancing cleaner, more efficient battery technologies for a carbon-neutral future.
