Daimler-backed hydrogen project gets EU approval

Daimler fuel cell production is pictured. (Daimler)

By:

Reuters

July 15, 2022 01:14 PM

BRUSSELS -- The European Commission has approved a 5.4-billion-euro ($5.4 billion) hydrogen project jointly funded by 15 EU countries and 35 companies including Alstom and Daimler, to boost the bloc's competitiveness and economy.

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