CEOs Unite for Hydrogen Mobility: The Key to Europe's Sustainable Transport Revolution
Key Ideas
- CEOs from leading industries advocate for urgent action on hydrogen mobility to achieve climate goals and enhance competitiveness.
- Hydrogen mobility offers synergies in energy systems, strategic decarbonisation benefits, and job creation potential.
- A coordinated policy framework is needed to unlock investment, scale deployment, and drive down infrastructure costs for hydrogen mobility in Europe.
- Hydrogen mobility must be integrated into key EU strategies to facilitate market growth and technological advancement.
CEOs representing prominent energy, automotive, and technology companies have jointly emphasized the crucial role of hydrogen mobility in Europe's climate agenda and industrial development. In a collaborative effort, these executives penned a letter to EU and Member State leaders, stressing the urgency of prioritizing hydrogen infrastructure to advance clean transport and industry. Highlighting the benefits of hydrogen mobility, including energy system synergies, strategic imperatives for decarbonisation, and job creation prospects, the CEOs underscored the cost-effectiveness and resilience that a combined approach of hydrogen and battery-electric vehicles could bring, potentially saving Europe billions in infrastructure costs by 2050. Despite acknowledging progress, the CEOs caution that without a coordinated policy approach, the growth of hydrogen mobility in Europe could stall. They call for the integration of hydrogen initiatives into key strategic plans like the Sustainable Transport Investment Plan and Clean Industrial Deal, alongside efforts to streamline regulations for infrastructure development. By advocating for proactive policy measures and industry collaboration, the CEOs aim to propel Europe towards a sustainable transport revolution led by hydrogen mobility.
Topics
Europe
Technology
Job Creation
Automotive
Decarbonisation
Energy
European Union
Policy Support
Industrial Growth
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