Ashok Leyland And Phinergy To Work On Electric CVs
Highlights
Ashok Leyland has signed a Letter of Intent (LoI) with Phinergy of Israel with the intention of providing varying energy management solutions to the customers. Ashok Leyland and Phinergy will work towards the adaptation of unique, competitive, and sustainable solutions for high-energy applications in the commercial vehicles space and this also suggests that there will be an Electric CV in the making.
Phinergy has made advances in the EV space as it has been able to make use of aluminium air Batteries for EV and other applications. With Ashok Leyland, Phinergy will be tailoring its technology to help build a fleet of commercial vehicles, thereby getting it ready for the future.
Karthick Athmanathan, Head - EV and eMobility Solutions, Ashok Leyland said, "As the EV market evolves in India, Ashok Leyland, remains committed to developing differentiated solutions for our customers to help them stay competitive. We see good potential for Phinergy's technology in India. This will add further to our various portfolios for Commercial Vehicle EVs, where we are committed to offering our customers competitive solutions with various options that use cutting edge technology"
Over the next few months, Ashok Leyland will develop the first few prototypes and trial pilots on different platforms in order to better tune Phinergy's offering for various CV applications. Phinergy has also been able to work out the cost effectiveness of this technology as according to the company this will benefit not only Ashok Leyland but also the Indian customers.
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