Israeli and Indian businesses sign an agreement to make aluminium air batteries

 Indian and Israeli companies have joined forces to develop cutting-edge aluminium-air batteries for electric vehicles. These batteries have the potential to reduce battery imports, increase energy security, and facilitate the adoption of electric vehicles in India by extending their range without the need for charging infrastructure.

In an agreement to develop aluminum-air batteries for electric vehicles (EVs), Hindalco, the metal division of the Aditya Birla Group, has joined forces with Phinergy, a leading Israeli pioneer in metal-air battery technology, and IOC Phinergy Private Limited (IOP), a joint venture between Phinergy and Indian Oil Corporation.

The MOU states that Phinergy and IOP would exclusively collaborate with Hindalco in India on R&D, pilot production, and recycling of aluminium once it has been used in Aluminium-Air batteries.

When aluminium combines with oxygen in the surrounding air to form aluminium hydroxide, energy is released in the Phinergy Aluminium-Air battery.

A battery made of aluminium and air considerably extends the driving range of electric vehicles due to its small weight and high energy density.

 It also makes quick refuelling possible and does away with the need for pricey nationwide charging networks.Aluminium-air batteries are anticipated to simplify EV adoption and quicken the switch to zero-emission transportation.

"The technology is currently being tested by India's top automakers. Another advantage is that recycling the battery's aluminium hydroxide to recover aluminium.

We are celebrating 30 years of diplomatic relations this year, according to Anat Bernstein-Reich, CEO of BDO Israel-India Investment Banking and Chairperson of the Israel-India Chamber of Commerce, who was instrumental in bringing the parties together.

The FTA (Free Trade Agreement) between our two nations is also going to come to an end. Such a cooperation, according to her, is a wonderful example of how to combine the best elements of both worlds for global good and a sustainable future.

She is the Aditya Birla Group's representative in Israel for its innovation division.

Our company is committed to reducing global warming, and our relationship with Phinergy and IOP is an important step in the direction of decarbonizing mobility. The collaboration also demonstrates Hindalco's internationally renowned innovation and R&D capabilities, and we are pleased to support the advancement of the aluminum-air battery ", According to Satish Pai, managing director of Hindalco Industries Limited,

"According to Pai, India has a wealth of aluminium resources, and this technology can improve the country's energy and resource security.

As per David Mayer, CEO of the Israeli revolutionary cleantech company, the batteries will boost India's transition to clean energy.

The deployment of Aluminium-Air batteries in India has taken a significant step forward with the partnership with Hindalco, a leader in the global aluminium industry. "Aluminum as energy: made in India," stressed Phinergy's CEO, adding that this partnership will significantly improve the development of an ecosystem.

IOP was founded with the intention of commercialising and producing Aluminium-Air energy systems in India to increase national energy security, according to Sanjeev Gupta, Chairman of IOP.

He claimed that since aluminium is widely available in India and can be used to store energy through this innovative technology, it has the potential to make a significant contribution to AtmanirbharBharat.

The collaboration will advance India's aspirational journey towards sustainable, affordable, and safe energy options for stationary and e-Mobility purposes, he claimed. "This partnership with Hindalco, a global leader in sustainable aluminium solutions, is a big step towards catalysing our efforts to develop a favourable ecosystem for faster dissemination of the Aluminium-Air battery technology," he said.

A collaborative report by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety and NITI Aayog projects that by 2030, the EV market, which would be the main market for Aluminium-Air batteries, will have sold a total of 80 million units.