Feb 4, 2020
Indian oil giant, Israeli start-up to develop metal-air batteries
Posted by Omuterema Akhahenda in categories: energy, transportation
India’s largest commercial oil company, Indian Oil Corporation Ltd., will partner with Lod-based energy start-up Phinergy to develop and produce innovative metal-air batteries, often regarded as the solution for long-distance electric-vehicle travel.
Indian Oil said it had bought a minority stake in Phinergy on Tuesday, which specializes in aluminum-air (Al-air) and zinc-air technologies. Unlike conventional lithium-ion batteries that carry oxygen within a heavy electrode, metal-air systems produce energy by combining aluminum, water and oxygen from the air.
The future incorporation of the long-pursued battery solution into electric vehicles, Phinergy said, will enable long-range driving, five-minute energy recharges and lowering the cost of electric vehicles.
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