Commercial vehicles (CV) major Ashok Leyland, signed a Letter of Intent (LoI) with Israel-based firm Phinergy to secure long-term arrangements for its electric CVs.
Ashok Leyland and Phinergy will work towards the adaptation of unique, competitive, and sustainable solutions for high-energy applications in the commercial vehicles space in order to provide varying energy management solutions to the customers.
Phinergy has developed technology solutions for the use of aluminium air batteries for electric vehicles and other applications. With Ashok Leyland, Phinergy will tailor its unique technology to meet the demand of electric CVs in the Indian market.
“We see good potential