News
BMW adds wind power to sidestep Merkel's power bill
February 21, 2013
by Stefan Nicola
in Bloomberg News
Bayerische Motoren Werke AG will harness winds whipping across eastern Germany to secure power -- and defend profits -- as costs rise due to Germany's 550 billion-euro ($740 billion) shift away from nuclear energy.
Four wind turbine towers will soon supply almost a quarter of the power used at BMW's Leipzig plant, where the carmaker builds the X1 sport-utility vehicle and soon the i3, its first electric car.
Daimler AG is firing up a power plant at a truck factory and Volkswagen AG is mulling at least five new generators. The reason: The German auto industry is seeking to sidestep the effects... [continue via Web link]
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