Electrolysis of water is one of most promising technologies for green hydrogen production. However, the green hydrogen has a market of 4 % only, as the key-component for the technology, electrocatalyst, is expensive, inefficient or unstable. Herein, we design a series of multi-metal oxides (FeCoO@CF, FeCoCrO@CF, FeCoCuO@CF, and FeCoCrCuO@CF) on cobalt foams to achieve the high efficiency, low cost, and long-term stability by a simple thermal decomposition and electrochemical activation. Among them, FeCoCrCuO@CF shows remarkable catalytic activity with an ultra-low overpotential (40 mV at 10 mA cm) and Tafel slope (27.3 mV dec) for hydrogen evolution reaction (HER), which is superior to most reported transition-metal catalysts and comparable to commercial Pt/C, because of the synergistic effect of multiple metals and strong Cr-OH interaction on the reconstructed surface as induced by the dynamic dissolution and redeposition process in the reaction. In addition, the catalyst shows excellent long-term stabilities for HER and overall water splitting at 500 mA cm. Importantly, FeCoCrCuO@CF has the excellent activity and high stability (100 h with only 2 % increment in applied voltage) in the industrial working environment (6 M KOH, ∼ 60 °C). Most importantly, only 3.18 V is needed to obtain > 30 A on a large size electrode for AWE (16.5 cm, ∼ 1.84 A cm) in the industrial conditions. Our findings should provide novel strategies for the design of efficient and stable catalysts toward industrial water electrolysis.