Phinergy is a leader in development of clean and high energy-density systems based on metal-air technology. Photo: MintNew Delhi: Hinduja Group flagship firm Ashok Leyland on Wednesday said it has signed a letter of intent with Israel’s Phinergy for electric commercial vehicles. The envisaged partnership intends to provide varying energy management solutions to customers, the company said in a BSE filing. “Ashok Leyland and Phinergy will work towards the adaptation of unique, competitive and sustainable solutions for high-energy applications in commercial vehicles,” it said. Phinergy CEO Aviv Tzidon said the company’s high technology solution would help Indian customers keep costs low while addressing range anxiety and reliability.

Source: Mint January 17, 2018 09:00 UTC