Clean Battery Solutions for a Better Planet
FREYR: A Low Carbon, Cost Advantaged Battery Supplier
A highly attractive market entry opportunity...
Shift to renewable power grids
and electric vehicles driving
demand for energy storage
2030e
...utilizing Norway's unique advantages...
Cost advantage
from among the lowest
electricity prices in Europe
==
Carbon advantage
from renewable, sustainable
input sources
...captured by a well-positioned emerging player
Positioned as
an industry cost
leader in 2025
25-30%
expected long-term
EBITDA margins
Equity funded
model for up to
~43 GWh of
production capacity
Highly attractive
entry valuation
relative to battery
peer group metrics
~5,300 ~3,700
GWh of
Demand
GWh Supply
Shortfall
FREYR
Clean battery solutions
32%
Estimated
2020 - 2030
demand CAGR
Logistics advantage
from clean Nordic battery
supply to European markets
Aiming to be the
lowest carbon
battery cell producer
in the world
Targeted partnerships
provide flexible,
technology-agnostic
development
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