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10X Growth In Demand Exponential Demand Growth For Batteries in Europe and Globally

FREYR’s Relevance. Exponential Growth In Demand For Batteries To Support The Accelerated De-Carbonization Of The Transportation and Power Sector. 10X Growth In Demand Exponential Demand Growth For Batteries in Europe and Globally. Limited Current Supply

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10X Growth In Demand Exponential Demand Growth For Batteries in Europe and Globally

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  1. FREYR’s Relevance Exponential Growth In Demand For Batteries To Support The Accelerated De-Carbonization Of The Transportation and Power Sector 10X Growth In Demand Exponential Demand Growth For Batteries in Europe and Globally Limited Current Supply No Current Large Scale Battery Cell Supply in Europe Against A Need Of 300 GWh By 2025 Norway As Ideal Location Deep Industrial Experience In Energy Intensive Industry Substantial Untapped Low Cost Green Energy Leading The Adoption Of Electric Vehicles Tradition For Cluster Developments The Future Is Electric Adoption Of Electric Solutions Picking Up Pace Beyond Passenger Vehicles

  2. FREYR In A Nutshell 32 GWh Battery Cell Factory & 600 MW Wind-park Creating Carbon Positive Low Cost Storage Solutions 40 Billion NOK Investment The largest Investment Program In Northern Norway In This Millennium >500 000 Electric Vehicles per year 32 GWh of Battery Cells Will Power Europe’s Growing Appetite For Batteries 2,500 Direct Jobs Creation Material Increase In Arctic Development With Substantial Ripple Effects >2.3 million tons CO2 per year Material Catalyst For Norway’s ‘Green Shift’ Ambitions

  3. FREYR Its Friends And Initial Partners >100 Years of Energy-intensive, Renewable Energy & Start-up Experience Partnering With Key Financial and Academic Institutions Strong Initial Support From National And Local Government & Business Emerging Coalition For Energy Efficient, Green & Ethically Produced Battery Cells

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