Leoch Battery Leoch Battery (also known as Leoch International Technology) is a provider of industrial and commercial energy storage solutions. | ![]() T1 Energy T1 Energy (formerly known as FREYR Battery) is a company that specializes in solar and battery manufacturing. | ||||
Founding Date | Founding Date 1999 | Founding Date 2018 | Founding Date 2022 | Founding Date 1992 | Founding Date 2011 |
Type | Type Public | Type Public | Type Subsidiary | Type Public | Type Public |
Tags | |||||
Locations | Locations Singapore, SG HQ Shenzhen, CN Hong Kong, HK | Locations Austin, US HQ Helsinki, FI Mo I Rana, NO Oslo, NO Reading, GB Wilmer, US | Locations Ningbo, CN HQ | Locations Louisville, US HQ Thornton, US | |
Employees | Employees 16,732 | Employees 32825% increase | Employees 19,0005% decrease | Employees 7,184 | Employees 2604% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 142.5 m | Valuation ($) N/A | Valuation ($) 2.8 b | Valuation ($) 223.7 m |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥16.1b (FY, 2024) | Revenue (est.) $755.3m (FY, 2025) | Revenue (est.) ¥971.8b (FY, 2023) | Revenue (est.) ¥21.3b (FY, 2025) | Revenue (est.) $21.7m (FY, 2025) |
Cost of goods | Cost of goods ¥13.5b (FY, 2024) | Cost of goods $699.7m (FY, 2025) | Cost of goods N/A | Cost of goods ¥17.9b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ¥2.8b (FY, 2024) | Gross profit $55.6m (FY, 2025) | Gross profit N/A | Gross profit ¥3.6b (FY, 2025) | Gross profit N/A |
Net income | Net income ¥563.5m (FY, 2024) | Net income ($367.8m) (FY, 2025) | Net income N/A | Net income ¥518.2m (FY, 2025) | Net income ($93.4m) (FY, 2025) |

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