FREYR Battery (FREY) Misses Q3 EPS by 50c

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FREYR Battery Reports Third Quarter 2022 Results

November 14, 2022 6:05 AM EST

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (FREYR or the company), a developer of clean, next-generation battery cell production capacity, today reported financial results for the third quarter of 2022.

Highlights of the third quarter 2022 and subsequent events:

On November 11th, FREYR announced the selection and purchase of the site for the companys Giga America clean battery manufacturing project in Coweta County, Georgia. The project is expected to be developed in multiple phases beginning with an initial battery cell production module of approximately 34 GWh at a... More