Phinergy drives their car by metal, air, and water, with the developers wanting the cost of their aluminum-air batteries to have a price equal to or less than gas, with their ultimate goal of being 100% petroleum free and with zero emission.
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The company was founded in 2008 by Aviv Tzidon of Tel Aviv, who also acts as the CEO of the company, based on technology originating at Bar Ilan University.
Phinergy has patented a “nano-porous silver-based catalyst”, which allows oxygen into the electrode and the cell while at the same time blocking carbon dioxide. The company claims that this invention enables its battery cathode to sustain 25,000 working hours, while significantly reducing weight.
As of 2015, the company has demonstrated its technology on a fully electric vehicle and on an electric boat.