30 May 2024
European Commission approves Hy2Move IPCEI for hydrogen mobility
The European Commission’s has greenlit the fourth wave of Important Projects of Common European Interest (IPCEI) to support the hydrogen value chain. This IPCEI, known as Hy2Move, focuses on hydrogen mobility and marks the end of the Hydrogen IPCEI programme first launched back in 2019.
Previous waves include Hy2Tech (July 15, 2022), Hy2Use (September 21, 2023), and Hy2Infra (February 15, 2024). Together, these initiatives aim to raise over €43 billion from a blend of public and private funds, supporting more than 120 projects involving nearly 100 European companies.
Hydrogen Europe welcomes this latest announcement as it represents another significant commitment to scaling up hydrogen capabilities that will facilitate the decarbonisation of the mobility sector.