Hindalco Industries, Aditya Birla Group’s metals flagship has entered a memorandum of understanding (MoU) with Phinergy, an Israel-based pioneer in metal-air battery technology, and IOC Phinergy (IOP) - a joint venture between Phinergy and Indian Oil Corporation.
As per 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 are expected to make EV adoption more convenient, and accelerate the transition to zero emission mobility.