There were interesting digressions in the comments on most sections as I recall! I may or may not have been a part of those on the cavalry - I think not.
Cavalry and infantry did indeed interact. Just exactly how that happened is still debated. Carolyn Wilkes, with whom I'd not argue when it comes to horses and riding same, argues that Alexander attacked the Thebans at Chaironeia on horseback. She argues a well trained war horse would indeed attack a hoplite phalanx. While I'm not any sort of equine expert (aside from those taking my money at Royal Randwick), I believe this comes down to the discipline of the infantry being attacked. One has to imagine a hoplite phalanx standing firm and unbroken in the face of a cavalry charge. Any
tresantes - shakers as the Spartans called them - would lead to a local collapse in that discipline readily exploited by a professional cavalry. The sources give no indication of that at Chaironeia.Still, the idea is the same: a resolute wall of spears (or fighting squares at Waterloo) is not something any horse is willingly going to charge. Even more so a sarissa phalanx with a hedge of spears.
On the other side, these riders are not medieval knights firmly anchored to their saddles and stirrups. These are bare back riders whose only secure connection to their mounts are their thighs and reigns. Such a rider is not to be imagined charging full pelt into infantry with his spear leading the way like some medieval jouster. The weapons of the Companion cavalry were the
xyston and the
kopis. Both do specific jobs: the
xyston is a thrusting weapon; the
kopis a murderous "weight forward" hacking blade. The former is readily described by Arrian both at Granikos and, again, at Gaugamela. A reading of
"Chaironeia 338: Topographies of Commemoration" by John Ma will bluntly illustrate the effects of the
kopis. So the members of the Companion cavalry fought hand to hand as did their constant companions in pitched battle, the agema of the hypaspists who acted, essentially, as their
hammipoi.
What we do see in the Alexander sources is Alexander doing one of two things in pitched battle: attacking the enemy's flank, generally his flank cavalry; probing for or creating a gap in the enemy formation to attack. Hydaspes illustrates the former and the classic illustration of the latter is Guagamela.Attacking the enemy flank via his cavalry sees horseman on horseman in close quarters conflict, a description Diodorus 19.83.3-5 provides for us (Gaza). Alexander "charging" the gap as at Guagamela facilitates getting his cavalry into the line so as to drive their xysta into the faces and other exposed areas of the enemy - cavalry or otherwise. Once their xysta were no longer useful, the cavalry resorted to the
kopis. Again, all close quarter fighting.
All while the phalanx turned their opposition into pin cushions.