Indian Oil and Phinergy, Israel formed JV, signs LoI with Maruti Suzuki and Ashok Leyland
On March 17, Indian Oil Corporation Limited entered into a collaboration with Phinergy, an Israeli start-up company specializing in hybrid lithium-ion and aluminium-air/zinc-air battery systems, to form IOC Phinergy Private Limited. The joint venture (JV) will manufacture Aluminium-Air systems in India and recycle us....
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