FREYR Battery (NYSE: FREY) ("FREYR"), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Tor Stendahl as Managing Director for FREYR Battery Finland
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Business Finland invests in high-tech batteries
Climate change has created huge global demand for sustainable battery technologies and services as countries set targets for reducing their CO2 emissions. Finland is the only country in the world that can manage the whole battery value chain from minerals to recycling and thus plays an important role in the global shift towards electrification.
The role of batteries has become inevitably important in the increasingly electrifying world. This has resulted in the emergence of battery ecosystems and value chains, such as the European one, aiming to respond to the constantly growing demand.