The European auto industry faces a decade-long transition to electromobility, driven by the Critical Raw Materials (CRM) Act. This transition requires sourcing and recycling essential materials like lithium and cobalt, with demand projected to increase significantly by 2040. During a Euronews panel, experts discussed the challenges of ethical sourcing and the need for global partnerships. They emphasized the importance of regulatory coherence and the role of investments in achieving sustainable practices. Despite Europe's high standards, competition with countries like China poses significant challenges. The panelists highlighted the need for patience and innovation in overcoming these hurdles.