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New Delhi: Aditya Birla Group’s metals flagship Hindalco Industries Limited on Monday signed an MoU with Phinergy, a leading Israel-based pioneer in metal-air battery technology, and IOC Phinergy Private Limited (IOP,- a joint venture between Phinergy and India’s leading energy PSU Indian Oil Corporation.According to the MOU, Phinergy and IOP will partner exclusively with Hindalco in India, on R&D and pilot production of aluminium plates for Aluminium-Air batteries, and recycling of aluminium, after usage in these batteries. Aluminium-Air batteries offer a viable alternative to other battery chemistries and will boost the domestic manufacturing of batteries to meet India’s growing demand for energy storage.In the Aluminium-Air battery, developed by Phinergy, energy is released when aluminium reacts with oxygen in ambient air to produce…
Hindalco MoU with Phinergy and IOP to make Aluminium-Air batteries for EVs, energy storage, Auto News, ET Auto
