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Freer battery (NYSE:Frey) gives an replace on the progress of operations on the firm’s buyer qualification facility in Moirana, Norway. The subsequent-generation battery maker stated it efficiently carried out single-cell manufacturing trials at CQP
The FREYR (FREY) staff, suppliers and companions are situated at Notably, CQP has reached the corporate’s most important expertise milestone to this point by producing cells with the complete capabilities of a casting and cell meeting machine, a novel part of the SemiSolid platform.
“Whereas appreciable work stays to additional streamline automation, enhance materials composition and full the ultimate phases of commissioning, this achievement marks the completion of crucial path gear commissioning and is predicted to allow FREYR to start growing manufacturing charges and manufacturing multi-layer cells in 2024 Pattern models for the second quarter of the 12 months.
The subsequent milestone set by FREYR (FREY) is to allow the corporate’s staff to conduct information and efficiency evaluation of unit cells, enhance manufacturing velocity, and proceed to fabricate mechanically full pattern cells within the second quarter.
FREYR Battery shares rise 1.52% in premarket buying and selling Wednesday.
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