Ashok Leyland has signed a Letter of Intent (LoI) with Phinergy, Israel, for the development of varying energy management solutions to the customers. Phinergy has developed cutting edge technology solutions for the use of aluminum-air batteries for EVs and other applications. Ashok Leyland and Phinergy will tailor the unique technology to meet the demanding high-energy requirements of CVs in the Indian market. The two will also work towards the adaptation of unique, competitive, and sustainable solutions for high-energy applications in the CV space. The first few protos that employ Phinergy’s technology offerings are expected to be operational in the next three months. These would also double up as trial pilots according to S.A. Sundaresan, Head of eMobility Tech, Ashok Leyland. Mentioned Karthick Athmanathan, Head – EV and eMobility Solutions, Ashok Leyland, “We are committed to offering our customers competitive solutions with various options that use cutting edge technology.”

With the Circuit electric bus on trial, Ashok Leyland, from its association with Phinergy is also expected to develop differentiated, competitive solutions for its clients. It is not surprising therefore that the CV OEM sees good potential for Phinergy’s technology in India to add to its portfolio of EVs, and to adopt an innovative approach towards electric commercial vehicles that move people as well as goods. With a focus on weight management such that the weight of the batteries does not come in the way of payload, or carrying capacity, Phinergy, in association with Ashok Leyland, is keen to see its high technology solutions to address the requirements of Indian clients in the area of costs, range and reliability. Said Aviv Tzidon, CEO, Phinergy, “We are excited to be a part of India’s EV ecosystem. With a strong Indian player like Ashok Leyland who also has a commanding global presence, we are looking forward to rapidly developing our offerings and scaling up operations for CV applications in India. We worked closely with Ashok Leyland over the last year, and given the grid and power position in most markets, we will offer e-CVs, which for the first time have a grid-independent solution. It will be cost-effective and emissions-free.”