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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. By the end of 2022, each of our German plants will be producing at least one fully electric vehicle. Rendering of the new assembly hall.

BMW 396
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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