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The Electric: Struggling Freyr Pins its Hopes on the IRA in an Uncertain Election Year

Freyr Battery, struggling to manufacture its next-generation battery, hopes to right itself by temporarily producing and selling a different battery technology, and obtaining federal subsidies under the Inflation Reduction Act to make it in Georgia. But election-year politics cloud the plan’s future, with Republican front-runner Donald Trump and other party members vowing to kill or severely undermine the IRA if they come to power.

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