Japan's Nidec seals $3bn battery deal with Norway's Freyr in 'largest JV for low-carbon storage'

Agreement between Kyoto-headquartered electric motor giant and Oslo-based start-up also advances site selection process for US factory replicating 'Giga Arctic' in northern Norway

CGI of Freyr Giga Arctic lithium-ion battery factory planned for northern Norway
CGI of Freyr Giga Arctic lithium-ion battery factory planned for northern NorwayFoto: Freyr
Published 30 August 2022, 07:42Updated 30 August 2022, 08:50
EuropeNorwayFreyrBatteriesStorage