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IndianOil plans to build aluminum-air battery plant in India

Wednesday, Mar 18, 2020

   It was reported that Indian Oil Corporation Limited (IndianOil), the largest commercial oil company in India, has cooperated with Israeli start-up company Phinergy to build a plant in India in order to develop and produce aluminum-air batteries for electric vehicles and stationary equipment.

  Currently, both IndianOil and Phinergy were negotiating the investment with several government departments. However, the location of the plant hasn’t been officially announced.

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