The company has successfully integrated an aluminum battery into an electric vehicle that triples the traveling distance of some current EVs.
"Our aluminum-air energy systems are superior to conventional batteries in terms of energy density and specific energy," the company said Friday on its website.
Aluminum is a widely available metal that is easily recycled and contains high amounts of energy (8 kilowatt hours per kilogram). In conventional aluminum-air batteries, aluminum reacts to oxygen and produces electricity. Phinergy's innovation uses water and recycles the hydrated aluminum oxide to create an anode, a process that enables a closed and sustainable life cycle or recharge.
"Our systems are mechanically reloaded, avoiding long charging time."
Phinergy, which aims to have an electric car model available by 2017, has landed a contract with Franco-Japanese automaker Renault-Nissan.