FREY

FREYR Battery

NYSE

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FREY

FREYR Battery

NYSE

Add Alert

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georgie18

12/26/24 10:53 AM

Post #64

Re: #63: @georgie18 - FREY...$3.00...🥳on News...Off my $1.58....Alert...

FREY...$3.27...🥳Off my $1.58Alert...

georgie18

Member Level
Re: georgie18 post# 62

Tuesday, December 24, 2024 1:42:16 PM

Post#
63
of 63
FREY...$3.00...🥳on News...Off my $1.58....Alert...

georgie18

Member Level
Re: georgie18 post# 668638

Tuesday, December 24, 2024 8:40:31 AM

Post#
668681
of 668776
FREY...$2.66...🥳... News..https://www.businesswire.com/news/home/20241224327270/en

FREY...$2.56...🥳...on the Upper Bollie Breakout...Off my $1.58Alert...

georgie18

Member Level
Re: georgie18 post# 668183

Monday, December 23, 2024 9:42:56 AM

Post#
668565
of 668637
FREY...$2.36s clearing here off my $1.58 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 54

Wednesday, December 18, 2024 1:47:20 PM

Post#
55
of 57
FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/24/24 1:42 PM

Post #63

Re: #62: @georgie18 - FREY...$2.66...🥳... News..https://www.businesswire.com/news/home/2024122

FREY...$3.00...🥳on News...Off my $1.58....Alert...

georgie18

Member Level
Re: georgie18 post# 668638

Tuesday, December 24, 2024 8:40:31 AM

Post#
668681
of 668776
FREY...$2.66...🥳... News..https://www.businesswire.com/news/home/20241224327270/en

FREY...$2.56...🥳...on the Upper Bollie Breakout...Off my $1.58Alert...

georgie18

Member Level
Re: georgie18 post# 668183

Monday, December 23, 2024 9:42:56 AM

Post#
668565
of 668637
FREY...$2.36s clearing here off my $1.58 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 54

Wednesday, December 18, 2024 1:47:20 PM

Post#
55
of 57
FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/24/24 8:40 AM

Post #62

Re: #59: @georgie18 - FREY...$2.56...🥳...on the Upper Bollie Breakout...Off my $1.58Alert...

FREY...$2.66...🥳... News..https://www.businesswire.com/news/home/20241224327270/en

FREY...$2.56...🥳...on the Upper Bollie Breakout...Off my $1.58Alert...

georgie18

Member Level
Re: georgie18 post# 668183

Monday, December 23, 2024 9:42:56 AM

Post#
668565
of 668637
FREY...$2.36s clearing here off my $1.58 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 54

Wednesday, December 18, 2024 1:47:20 PM

Post#
55
of 57
FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

glenn1919

12/24/24 8:35 AM

Post #61

FREY.......................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

12/23/24 10:01 PM

Post #60

Re: #43: @Monksdream - FREY new 52+week low

FREY.............................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

georgie18

12/23/24 3:24 PM

Post #59

Re: #58: @georgie18 - FREY...$2.36s clearing here off my $1.58 Alert...🥳

FREY...$2.56...🥳...on the Upper Bollie Breakout...Off my $1.58Alert...

georgie18

Member Level
Re: georgie18 post# 668183

Monday, December 23, 2024 9:42:56 AM

Post#
668565
of 668637
FREY...$2.36s clearing here off my $1.58 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 54

Wednesday, December 18, 2024 1:47:20 PM

Post#
55
of 57
FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/23/24 9:42 AM

Post #58

Re: #55: @georgie18 - FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

FREY...$2.36s clearing here off my $1.58 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 54

Wednesday, December 18, 2024 1:47:20 PM

Post#
55
of 57
FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

glenn1919

12/23/24 9:08 AM

Post #57

FREY.........................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

12/20/24 11:33 AM

Post #56

Re: #49: @glenn1919 - FREY...................................https://stockcharts.com/h-sc/ui?s=FREY&am

frey..................https://stockcharts.com/h-sc/ui?s=frey&p=W&b=5&g=0&id=p86431144783

georgie18

12/18/24 1:47 PM

Post #55

Re: #54: @georgie18 - FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

FREY...$2.15...HOD...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 668117

Wednesday, December 18, 2024 1:20:24 PM

Post#
668172
of 668182
FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/18/24 1:19 PM

Post #54

Re: #53: @georgie18 - FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we

FREY...$2.08...🥳...on the Bullish Psar Flip...Off my n$1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 52

Wednesday, December 18, 2024 10:50:34 AM

Post#
53
of 53
FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/18/24 10:50 AM

Post #53

Re: #52: @georgie18 - FREY...$1.81...🥳...Off the $1.58 Alert...

FREY...$1.91...🥳...Break/Hold $1.98 and she sees $2.50 Range...imo...we shall see...

georgie18

Member Level
Re: georgie18 post# 667924

Wednesday, December 18, 2024 9:56:13 AM

Post#
668097
of 668115
FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/18/24 9:55 AM

Post #52

Re: #51: @georgie18 - FREY...$1.71...🥳off the $1.58 Alert...

FREY...$1.81...🥳...Off the $1.58 Alert...

georgie18

Member Level
Re: georgie18 post# 50

Tuesday, December 17, 2024 8:22:03 AM

Post#
51
of 51
FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/17/24 8:22 AM

Post #51

Re: #50: @georgie18 - FREY...$1.58...🥳...Buying the space sector...

FREY...$1.71...🥳off the $1.58 Alert...

georgie18

Member Level
Re: None

Monday, December 16, 2024 2:44:22 PM

Post#
667893
of 667923
FREY...$1.58...🥳...Buying the space sector...

georgie18

12/16/24 2:43 PM

Post #50

FREY...$1.58...🥳...Buying the space sector...

glenn1919

11/22/24 8:05 AM

Post #49

FREY...................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

11/21/24 1:00 PM

Post #48

FREY...............................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

11/14/24 1:37 PM

Post #47

FREY..........................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

11/07/24 10:34 AM

Post #46

FREY.................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

11/06/24 12:11 PM

Post #45

FREY...............................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

10/24/24 8:47 AM

Post #44

Re: #40: @glenn1919 - FREY..................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p864

FREY...............................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

Monksdream

09/09/24 2:28 PM

Post #43

FREY new 52+week low

Monksdream

09/07/24 11:15 AM

Post #42

FREY new 52 low

Monksdream

09/05/24 1:07 PM

Post #41

FREY new 52/low

glenn1919

05/25/24 9:42 AM

Post #40

FREY..................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

04/27/24 10:28 AM

Post #39

FREY...........................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

04/06/24 4:30 PM

Post #38

Re: #35: @glenn1919 - FREY................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b

FREY.............................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

03/09/24 9:34 AM

Post #37

FREY.............................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

03/02/24 7:26 AM

Post #36

FREY...............................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

glenn1919

02/10/24 9:54 AM

Post #35

FREY................................https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p86431144783

Monksdream

02/06/24 6:58 AM

Post #34

Re: #31: @snow - crudeoile24 "Konig noted that Freyr already has Giga

FREY new 52 week low

Monksdream

01/20/24 11:18 AM

Post #33

FREY new 52 week low

crudeoil24

11/11/23 4:35 PM

Post #32

Re: #31: @snow - crudeoile24 "Konig noted that Freyr already has Giga

Agree ..... Definitely a pos. Just day trading !

snow

11/10/23 11:45 AM

Post #31

Re: #18: @crudeoil24 - Freyr Battery Stock Climbs. Goldman Sees an Inflation

crudeoile24 "Konig noted that Freyr already has Giga Arctic, which he said is "set to be most capital efficient and sustainable gigafactory in the world." The factory is located in Norway, which Konig said is a strategic location that "offers access to the most cost competitive and sustainable energy sources globally." "

As a Norwegian living in Norway I would like to state that the gigafactory referred to in my view is so much wishful thinking. Biden has chosen to subsidize this business by a lot of dollars. For the gigafactory to be competitive the Norwegian government would have to do the same. It is not likely that it will be that stupid. The plunging stock price is in my view realistic since prospect are now dim rather than glittering.

Monksdream

10/16/23 3:03 PM

Post #30

FREY new week low

Monksdream

10/15/23 1:35 PM

Post #29

FREY new 52 week low

Monksdream

09/29/23 2:18 PM

Post #28

FREY new 52 week low

BottomBounce

08/29/23 9:56 AM

Post #27

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172708921 $FREY

PowerPlay1

06/30/23 6:31 AM

Post #26

The 5 analysts offering 12-month price forecasts for FREYR Battery SA have a median target of 15.00, with a high estimate of 20.00 and a low estimate of 13.00. The median estimate represents a +113.83% increase from the last price of 7.02.

realfast95

01/27/23 1:37 PM

Post #25

REPORT: Freyr among interested bidders for Britishvolt $FREY

realfast95

01/06/23 6:43 AM

Post #24

Recording from 1/4 Mike Taylor on Hedgeye
at time mark 47 he talks about $FREY

https://app.hedgeye.com/insights/126937-how-to-identify-longs-shorts-frauds-mike-taylor-keith-mcculloug?type=guest-interviews%2Cmarket-insights

KOGT

12/01/22 10:36 PM

Post #23

Re: #22: @Glider549 - Thanks for the info. I joined the club this

Looks like those shares are getting gobbled up fast$$$$

Glider549

09/22/22 12:09 AM

Post #22

Re: #21: @crudeoil24 - Morgan Stanley, 'bull case' at $60 > FREY

Thanks for the info.
I joined the club this morning and happy I did.
Speaking of vehicle related stocks, I also joined the $SOBR club at the same time.
Two winners for the long term.

crudeoil24

09/21/22 3:28 PM

Post #21

Morgan Stanley, 'bull case' at $60 > FREY > September 21, 2022 (MarketWatch)

The time is "ripe" for Norwegian battery maker Freyr Battery , Morgan Stanley analysts led by Adam Jonas said in a note Wednesday, increasing their price target on the stock to $26 and setting a "bull case" to $60, which would represent an upside of nearly 300% over Tuesday's share price. "The environment is becoming ripe for FREY to become a real player in the global battery economy later this decade," with Freyr inking important agreements and hitting operational milestones and also benefiting from the U.S.'s Inflation Reduction Act, the analysts said. Moreover, Freyr is one of the few publicly traded pure plays in the energy storage systems universe, they said. The analysts kept their rating on Freyr at the equivalent of buy. The stock has gained more than 30% so far this year, contrasting with losses of nearly 19% for the S&P 500 index.

-Claudia Assis

(END) Dow Jones Newswires

crudeoil24

09/21/22 3:25 PM

Post #20

A Tesla Bull Has a New Top Pick. It's a Battery Start-Up. -- Barrons.com
8:49 am ET September 21, 2022 (Dow Jones) Print
Al Root
Stock in Norwegian battery start-up FREYR Battery is getting a boost from a new bullish call from a Wall Street automotive analyst.

Wednesday, Morgan Stanley analyst Adam Jonas raised his stock-price target for FREYR (ticker: FREY) to $26 from $18 a share and named the company his top pick. He had rated the stock at Buy even before his latest call.

FREYR stock gained more than 5% in premarket trading. Futures on the S&P 500 and Dow Jones Industrial Average were up 0.2% and 0.3%, respectively.

FREYR is focusing on producing rechargeable lithium-ion batteries for the electric-vehicle and energy-storage markets. Jonas sees a lot going right for the company.

To begin with, there is a new battery plant coming in Norway called Giga Arctic that will have the capacity to manufacture about 29 gigawatt hours of battery capacity annually. That is enough to power roughly half a million EVs a year.

The company also has entered into a partnership with Hana Technology, which makes equipment used in battery production. And it has signed a deal with Nidec (6594.Japan) for the maker of electric motors to buy FREYR battery cells.

FREYR can move from being "a small Norwegian battery start-up" to a serious battery player later in the decade, wrote Jonas in a research report.

FREYR replaces Ferrari (RACE) as Jonas's top pick. He still rates the auto manufacturer's shares at Buy and has a $300 price target for that stock. Jonas also rates Tesla (TSLA) shares at Buy, with a target of $383 for the price.

Seven of eight, or 88%, of the analysts covering FREYR stock rate the shares at Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 58%.

FREYR, of course, isn't in the S&P 500 because it is too small. The company isn't expected to generate significant sales for years.

At Jonas's target price of $26, FREYR would have a market capitalization of roughly $3 billion. The average analyst price target is just under $21 a share, but that is still about 59% above recent levels.

Coming into Wednesday trading, FREYR stock is up about 18% so far this year, boosted by the passage of the Inflation Reduction Act, which has helped a lot of renewable and energy-storage stocks. The shares have gained more than 50% since the July announcement of the surprise agreement between Sens. Chuck Schumer and Joe Manchin that allowed the legislation to pass the Senate.

Write to Al Root at allen.root@dowjones.com

(END) Dow Jones Newswires

crudeoil24

08/30/22 7:46 AM

Post #19

Nidec's annual sales were 1.9 trillion Japanese yen in March 2022, and the company is aiming for 4 trillion Japanese yen by March 2026. Under its Corporate Slogan, "All for Dreams", Nidec is challenging to expand the promising ESS market strategically to contribute to the realization of a carbon-neutral society. To learn more about Nidec, please visit www.nidec.com/en/

crudeoil24

08/25/22 6:21 PM

Post #18

Re: #17: @crudeoil24 - Let's go FREY !!!!!

Freyr Battery Stock Climbs. Goldman Sees an Inflation Reduction Act Winner. -- Barrons.com
3:52 pm ET August 25, 2022 (Dow Jones) Print
By Angela Palumbo
Add one more company to the list of those that stand to benefit from the Inflation Reduction Act: Freyr Battery.

Goldman Sachs analyst Philipp Konig upgraded his rating of the lithium-ion battery maker to Buy from Neutral, lifting his 12-month target for the stock price to $19 from $11. Konig cited benefits from the new law, which includes various incentives to encourage the use of green technology, a partnership to build a new factory, and the performance of Freyr's (ticker: FREY) existing plant in Norway.

Konig wrote in his research note that Freyr is planning to build a factory in the U.S. together with investment partner Koch Strategic Platforms. Production is set to start in 2025.

"Looking at the different sections of the IRA, we see strong benefits for both the supply and demand of lithium-ion batteries," Konig said, referring to the climate bill President Joe Biden signed into law earlier this month. The legislation includes a range of tax credits and rebates to encourage households to buy and use clean energy, including owning electric vehicles.

Konig noted that Freyr already has Giga Arctic, which he said is "set to be most capital efficient and sustainable gigafactory in the world." The factory is located in Norway, which Konig said is a strategic location that "offers access to the most cost competitive and sustainable energy sources globally."

Shares for Freyr soared 17% Thursday to $12.39. The stock has climbed 11% in 2022.

Other clean-energy stocks, specifically those in the solar-energy space such as First Solar (FSLR) and Array Technologies (ARRY), have also benefited from the Inflation Reduction Act.

Write to Angela Palumbo at angela.palumbo@dowjones.com

(END) Dow Jones Newswires