May 21, 2024

IndianOil And Israel’s Phinergy Form JV To Build Aluminium-Air Battery Systems For EVs

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Indian Oil Corporation Limited (IOCL) and Phinergy, an Israeli start-up company has recently formed a joint venture (JV) to build Aluminum-Air systems in India. Phinergy is a company that specialises in hybrid lithium-ion and aluminium-air or zinc-air battery systems and the Government of India believes that this JV will boost the country’s aspirations with regards to electric mobility.