The EU Commission has approved 1.4 billion euros in public funding for eleven companies from seven EU member states to advance their hydrogen projects. These projects aim to work on various parts of the hydrogen value chain to promote climate-friendly mobility. Companies like Airbus DE and BMW from Germany are involved in developing hydrogen applications for mobility and transportation, such as fuel cell platforms for buses and trucks, as well as technology for generating electricity for ships and locomotives. Neumann & Esser, another German company, is focused on hydrogen production technology for providing pure hydrogen to fuel cells at filling stations. The IPCEI Hy2Move project supports the EU's goal of reducing emissions from mobility and transport by 90% to achieve climate neutrality by 2050. This approval is expected to attract an additional 3.3 billion euros in private investment. The overall aim is to drive research, innovation, and commercial use in the hydrogen value chain. Various companies from Estonia, France, Italy, the Netherlands, Slovakia, and Spain are also part of these projects, along with 200 indirect partners like universities and research institutes. The IPCEI Hy2Move project is part of a series of IPCEIs focusing on different aspects of the hydrogen value chain. These projects are set to be completed by 2031 and are projected to create thousands of direct and indirect jobs.