The article seems overly dramatic and very misleading. It seems to be hyping past technology as though its something new.
There’s no “water-powered engine” here, despite how the article presents it. "world’s first water engine". "the first of its kind". "the introduction of the water engine signifies a potential shift away from hydrogen". "Outperform hydrogen."
The article even says this, which is flat out wrong: "Traditional hydrogen engines are predominantly air-cooled".
Hydrogen internal combustion engines are not air-cooled -- they’re water-cooled, just like modern petrol and diesel engines. It is really badly written.
Its not a 'water engine', it's a hydrogen internal combution enigne using water injection into the combustion chamber to manage exsessive heat. Even water injection for cooling isn’t new -- Rolls-Royce and others were doing it in aircraft engines during WWII.
Hydrogen internal combustion engines appeared in the 1940s.