CEOs from across the world’s leading energy, automotive, and technology companies have joined forces, urging EU leaders to accelerate hydrogen mobility now or risk placing Europe’s strategic resilience under threat.
In a joint letter from the Global Hydrogen Mobility Alliance to EU and Member State leaders, the CEOs described hydrogen mobility as a strategic imperative. They explained hydrogen technologies are vital to ensuring a diversified, resilient, and cost-effective decarbonisation of road transport, complementing battery-electric vehicles, adding that embracing hydrogen technologies alongside battery-electric could see Europe saving as much as €500 billion in infrastructure costs by 2050.
They further highlighted how hydrogen mobility is a vector for jobs and industrial growth, with potential to leverage Europe’s existing industrial strengths in automotive and advanced manufacturing to deliver up to 500,000 jobs by 2030. There are also key energy system synergies to be unlocked too, with hydrogen enabling demand aggregation, supporting hard-to-abate sectors, and substantially cutting renewable energy waste.
Because of this, immediate and targeted policy support tis needed in a bid to unlock investment and scale deployment of hydrogen vehicles and infrastructure throughout the EU. A more coordinated, pragmatic policy framework is required to support the rollout of the necessary infrastructure and achieve the scale needed for the hydrogen mobility market to thrive.
According to the CEOs, hydrogen mobility should become a central part of strategic initiatives such as the Sustainable Transport Investment Plan and Clean Industrial Deal. The ongoing push to simplify EU regulations could also help drive down the cost and complexity of building hydrogen mobility infrastructure.
