India based commercial vehicle manufacturer Ashok Leyland has signed a Letter of Intent (LoI) with Israeli company Phinergy to work on electric vehicles. The companies will work towards the adaptation of unique, competitive, and sustainable solutions for high-energy applications in the commercial vehicles space.
Phinergy of Israel has developed cutting-edge technology solutions for the use of Aluminium Air Batteries for EV and other applications. With Ashok Leyland, Phinergy will be tailoring its unique technology to meet the demanding high-energy requirements of Commercial Vehicles in the Indian market. Over the next few months, Ashok Leyland will develop the first few prototypes and trial pilots on different platforms in order to better tune Phinergy’s offering for various CV applications.