{"id":335972,"date":"2020-02-05T11:06:36","date_gmt":"2020-02-05T05:36:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335972"},"modified":"2020-02-05T11:06:36","modified_gmt":"2020-02-05T05:36:36","slug":"ioc-acquires-stake-in-israeli-battery-developer-phinergy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-acquires-stake-in-israeli-battery-developer-phinergy\/","title":{"rendered":"IOC acquires stake in Israeli battery developer Phinergy"},"content":{"rendered":"<p>New Delhi: State-owned Indian OilNSE 0.78 % Corp (IOC) on Tuesday said it has acquired a minority stake in Israeli battery developer Phinergy Ltd for developing ultra lightweight metal-air batteries that can be used in electric vehicles (EVs). &#8220;To start with, IOCNSE 0.88 % has taken a minority equity stake in Phinergy,&#8221; the company said in a statement, without giving details about the size of interest or the acquisition cost.<\/p>\n<p>Founded in 2008, Phinergy develops an assortment of zero-emission batteries including aluminum-air and zinc-air batteries designed to offer power sources for electric cars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: State-owned Indian OilNSE 0.78 % Corp (IOC) on Tuesday said it has acquired a minority stake in Israeli battery developer Phinergy Ltd for developing ultra lightweight metal-air batteries that can be used in electric vehicles (EVs). &#8220;To start with, IOCNSE 0.88 % has taken a minority equity stake in Phinergy,&#8221; the company said in a statement, without giving details about the size of interest or the acquisition cost. Founded in 2008, Phinergy develops an assortment of zero-emission batteries including aluminum-air and zinc-air batteries designed to offer power sources for electric cars.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-335972","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335972"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335972\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}