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RIYADH: On a macro level, UAE and France will sign a diesel deal as the European country seeks to cut supply from Russia.
Zooming in, Germany’s Volkswagen Group has delivered 27 percent more all-electric vehicles during the first half of 2022.
Looking at the bigger picture:
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 Truck.
The bloc will take part in 41 projects in the hydrogen scheme focusing on the generation of hydrogen, fuel cells, storage, transportation and distribution of hydrogen and end-user applications, Reuters reported.