Freyr battery targets strategic coalition with four major global partners

New york & oslo, norway & luxembourg--(business wire)--freyr battery (nyse: frey) (“freyr”), a developer of clean, next-generation battery cell production capacity, has announced that the company has entered into discussions on a potential strategic coalition with glencore plc (ln: glen), caterpillar inc. (nyse: cat), siemens ag (gy: sie), and nidec corporation (tse: 6594) to pursue the scale up of sustainable battery solutions across europe, north america, and beyond.
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