FREY Stock Recent News
FREY LATEST HEADLINES
FREYR reported third quarter earnings today. The former SPAC pushed back timelines for its battery plant manufacturing start-up.
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 2023 results and conduct a conference call on November 9, 2023. The third quarter 2023 press release will be issued by 6:00 am U.S. Eastern Standard Time (12:00 pm Central European Time). The conference call is scheduled to begin at 8:30 am Eastern Standard Time (2:30 pm Central E.
Freyr hit a milestone at a plant that will produce battery samples for customer testing. With this milestone, Freyr expects to start sample production by the end of this year.
In the financial markets currently the battery sector is gaining great momentum, in recent years we have seen an increase in demand for this great tool today. Not only are they being used for electric vehicles but also for many other tools that we use in our daily lives.
With an undeniable shift towards electric vehicles (EVs), the demand for lithium has grown immensely. As we look ahead, market analysts suggest that U.S. electric vehicle sales could account for more than 50% of total car sales by 2030.
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
The lithium battery market is one of the most important sectors not just for our smartphones and laptops, but also for the growing electric vehicle (EV) industry. Lithium batteries provide the power and performance that EVs need to compete with conventional cars.
The heavy selling pressure might have exhausted for FREYR Battery (FREY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Freyr co-founder Tom Jensen joins 'The Exchange' to discuss the company, energy's future, and the lithium price slide.
I'm not sure these three battery stocks are the only ones to consider this month, but I do believe they are strong choices for investors. The growth of the electric vehicle (EV) industry has galvanized capital inflows into the space as EV sales have reached a critical mass.