FREYR Announces Third Quarter 2021 Earnings Release and Conference Call

Rhea-AI Summary

FREYR Battery (NYSE: FREY) is set to announce its third quarter 2021 results on November 15, 2021. The press release will be issued at 6:00 AM EST and a conference call will follow at 10:30 AM EST. FREYR aims to develop up to 43 GWh of battery cell production capacity by 2025, and potentially up to 83 GWh by 2028, positioning itself as a major supplier in Europe. The company focuses on clean battery cell production utilizing renewable energy sources, targeting markets for electric vehicles and energy storage.

Positive

• Plans to develop up to 43 GWh of battery cell production capacity by 2025.
• Ambition to expand total capacity to 83 GWh by 2028.
• Significant focus on renewable energy sources, enhancing sustainability.

Negative

• None.

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing third quarter 2021 results and conduct a conference call on November 15, 2021.

The third quarter 2021 press release will be issued by 6:00 am U.S. Eastern Standard Time (12:00 pm Central European Time) and the conference call is scheduled to begin at 10:30 am U.S. Eastern Standard Time (4:30 pm Central European Time).

To access the conference call, listeners should contact the conference call operator at the appropriate number listed below approximately 10 minutes prior to the start of the call.

United Kingdom: +44 3333000804
United States: +1 6319131422
Switzerland: +41 225809034
Spain: +34 935472900
Norway: +47 23500243
Luxembourg: +352 27300160
Hong Kong: +852 30600225
Germany: +49 6913803430
France: +33 170750711
Denmark: +45 35445577
Canada: +1 4162164189

The participant passcode for the call is: 59378592#

A webcast of the conference call will be broadcast simultaneously at https://streams.eventcdn.net/freyer/2021q3 on a listen-only basis. Please log in at least 10 minutes in advance to register and download any necessary software.

A replay of the webcast will be available at https://ir.freyrbattery.com/events-and-presentations/presentations/default.aspx

About FREYR Battery

FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 with an ambition of up to 83 GWh in total capacity by 2028 to position the company as one of Europe’s largest battery cell suppliers. Five of the facilities are planned to be in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear, and energized environment. FREYR aims to supply safe, high-energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications. FREYR is committed to supporting cluster-based R&D initiatives and the development of an international ecosystem of scientific, commercial, and financial stakeholders to support the expansion of the battery value chain in our region. For more information, please visit www.freyrbattery.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026005184/en/

Investor contact:

Jeffrey Spittel

Vice President, Investor Relations

jeffrey.spittel@freyrbattery.com

Tel: (+1) 281-222-0161

Media contact:

Katrin Berntsen

Vice President, Communication and Public Affairs

katrin.berntsen@freyrbattery.com

Tel: (+47) 9920 54 570

Source: FREYR Battery

FAQ

When will FREYR Battery announce its third quarter 2021 results?

FREYR Battery will announce its third quarter 2021 results on November 15, 2021.

What time will the FREYR Battery conference call start?

The FREYR Battery conference call is scheduled to begin at 10:30 AM EST on November 15, 2021.

What is FREYR Battery's production capacity goal for 2025?

FREYR Battery aims to develop up to 43 GWh of battery cell production capacity by 2025.

What markets is FREYR Battery targeting with its products?

FREYR Battery targets the electric vehicle, energy storage, and marine application markets.