The China State-owned Assets Supervision and Administration Commission (SASAC) has announced that FAW Hongqi's hydrogen fuel cell vehicle program successfully passed official range and hydrogen consumption tests, showcasing a remarkable 15% reduction in hydrogen use compared to its competitors. SASAC praised the program for its exceptional performance in stability and energy management precision, positioning it as a frontrunner in the industry. The approval from authorities is seen as a significant step towards accelerating the industrialization and large-scale production of hydrogen fuel cell vehicles. FAW Group is committed to enhancing the quality and performance of its Hongqi hydrogen fuel cell vehicles to solidify its leading position in the strategic technology market, providing impetus for China's new energy automobile industry. On the other hand, ArcelorMittal has raised doubts about the feasibility of green hydrogen, opting for natural gas-based DRI production due to market conditions. Storengy Deutschland's funding injection from the EU's CEF fund will drive advancements in the SaltHy hydrogen project. Eurogas and other European organizations are concerned about the proposed Delegated Regulation on Low Carbon Fuels, skeptical about its impact on low carbon hydrogen production in the EU. Tokyo Metropolitan Government's green hydrogen trading pilot has concluded successfully, with bidding determining selling and purchasing prices, setting a positive tone for hydrogen initiatives in Japan.