The European Commission recently granted approval for the IPCEI Hy2Move project, a significant initiative focused on advancing hydrogen technologies within the mobility and transport sectors. With a substantial budget of up to €1.4 billion in public funding, this project involves seven member states collaborating to drive innovation and industrial deployment in the hydrogen value chain. By leveraging this funding, an additional €3.3 billion in private investments is anticipated, signaling a strong vote of confidence in the potential of hydrogen technologies. The project aims to facilitate the development of various innovations, such as integrating hydrogen technologies in transportation methods like road, maritime, and aviation, enhancing fuel cell technologies for powering ships and locomotives, and improving onboard storage solutions for hydrogen. Additionally, a key focus lies in producing hydrogen for mobility applications, especially in supplying hydrogen refueling stations with high-grade fuel-cell-grade hydrogen. The IPCEI Hy2Move project directly contributes to the EU's ambitious goal of achieving a 90% reduction in emissions from the mobility and transport sectors. By promoting the use of hydrogen as a clean fuel source, the project aligns with key EU strategies like the European Green Deal, EU Hydrogen Strategy, and Sustainable and Smart Mobility Strategy. The approval of this project reflects a collaborative effort among European countries to address common environmental challenges and drive technological advancements in the hydrogen sector. Margrethe Vestager, Executive Vice-President overseeing competition policy, highlighted the importance of such investments in hydrogen-powered mobility and transport technologies in achieving emission-free transportation solutions. The IPCEI Hy2Move project is part of a series of IPCEIs dedicated to advancing hydrogen technologies, building on previous projects like Hy2Tech, Hy2Use, and Hy2Infra. Scheduled for completion by 2031, the project is expected to generate around 3,600 direct jobs along with numerous indirect employment opportunities, fostering economic growth and innovation in the European hydrogen sector.