FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology

FREYR Battery has signed a conditional offtake agreement (“COA”) with Impact Clean Power Technology under which, FREYR will supply 10 to 14 GWh of clean next-generation battery cells based on the 24M Technologies SemiSolidTM platform to Impact Clean Power Technology from 2025 to 2030.

Norway-based FREYR Battery is a developer of clean, next-generation battery cell production capacity. Impact Clean Power Technology is a manufacturer of battery systems for transportation, industry and stationary energy storage.

FREYR said that it intends to supply Impact with clean battery solutions based on the same battery cell architecture as the ESS products that will be produced at its Giga Arctic battery production facility in Mo i Rana, Norway. The LFP cells will be integrated into E-Mobility products of Impact for use in commercial vehicles as well as other applications.

The contract between FREYR and Impact covers the period until 2030, with potential for further extension. This framework agreement is non-binding and the orders will be carried out in accordance with the needs of Impact. It may reach a value of $1.8 billion based on BNEF’s recent 2025 lithium price estimates and other conditions.

Tom Einar Jensen, CEO, FREYR Battery, said, “This COA with Impact marks our first commercial agreement to produce fit-for-purpose LFP cells for the E-Mobility market alongside our already strong traction in the ESS sector.” He also said that following today’s announcement, FREYR’s portfolio of offtake and long-term sales agreements now exceeds 130 GWh of production in both ESS and E-Mobility markets through 2030.

“Impact and FREYR share an ambition to accelerate the urgently required decarbonization of the world’s transportation systems, which as of today account for roughly 25% of global carbon emissions,” he Jensen.

FREYR is targeting the commercial and passenger vehicle markets to complement the company’s continued strong traction in the ESS space. By producing clean, next-generation battery solutions and aspiring to localize and decarbonize supply chains, FREYR is seeking to provide a distinct and competitively differentiated LFP cell offering from conventional technology suppliers based in Asia.

Impact CEO Bartlomiej Kras stated, “We sought a sustainable LFP producer in Europe that could supply our facility in Warsaw, aiding us in meeting the growing demand for batteries in the E-Mobility space. In FREYR, we have a like-minded partner that is dedicated to the decarbonization of important sectors like commercial transportation.”

In September, FREYR and Japan-based energy storage system (ESS) and electric motors manufacturer, Nidec Corporation, announced finalization of a 38 GWh battery cell sales agreement for the period 2025 – 2030.