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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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It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. The plants will take advantage of the best options at each location—from solar energy in Oxford, Mexico and China, to biogas in South Africa, to wind power in Leipzig.

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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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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA. Click to enlarge.

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