Global wafer foundry industry analysis and forecast, 2022

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Freyr establishes JV with Nidec for battery energy storage solutions

Peng Chen, DIGITIMES Asia, Taipei Wednesday 7 December 2022 0

Credit: Freyr

Freyr Battery has received another push for scaling up its business. On December 6, the company announced it had set up a joint venture with Nidec to develop batteries for energy storage systems. Mass production is expected to start in 2025.

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