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IOCL and Phinergy form JV to boost India’s e-mobility goals

India’s largest state-owned oil and gas public enterprise Indian Oil Corporation Limited (IOCL) has entered into a joint venture with Phinergy, an Israeli start-up company specializing in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The new joint venture is called IOC Phinergy Private Limited. The joint venture will manufacture aluminum-air battery systems in India to boost […]

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