While lithium is more plentiful elsewherein Europe, namely in Germany and Serbia, Northvolt and GALP selected the Iberian peninsula with an eye toward sustainability. The companies believe the area, home to 300,000 and 270,000 tons of respective lithium reserves in Spain and Portugal, offers the necessary tools to. Seeking to intensify the transition to EVs, last July the European Union proposed a banon the sale of any vehicle fueled by petrol or diesel after 2035. But the bloc's pursuit of its aggressive. Lithium hydroxide is one of the material's two forms, the other being lithium carbonate, saturating the Li-ion cathodes of modern EVs. Given its enhanced performance and superior life expectancy, hydroxide is increasingly.