Aiming to slash the cost of future electric vehicle batteries and reducing its dependence on price-sensitive metals such as cobalt, General Motors Co is experimenting with silicon-rich and lithium metal anodes, solid state and high voltage electrolytes, and dry processing of electrodes for its next generation of Ultium batteries, due around 2025, according to the company’s president Mark Reuss. 

With an aim to release most of its new commercial vehicles as all-electric or hydrogen fuel-cell electric models, Hyundai Motor Group plans to apply the hydrogen fuel-cell system to all of its commercial vehicle models by 2028, the company said in a statement. The company aims to increase the ratio of electrified vehicles to 80 percent by 2040 in global sales.