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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Automakers
General Motors possibly not to sell German carmaker Opel
September 6, 2009 | 10:25pm CEToriginalGM is therefore intending to prevent the Opel technology falling into the Russian hands. The head of GM Europe did not exclude it, according to him it is also possible that the winner will be...
read moreSmith Electric to offer electric vehicles Avia also in Central Europe including Czech Rep
September 6, 2009 | 08:59pm CEToriginalThe light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...
read moreSeveral carmakers willing to have Bob Dylan’s voice in navigations of their cars
September 5, 2009 | 02:50pm CEToriginalHe would therefore follow the British actor John Cleese, American actress Kim Cattrall, the cartoon character Homer Simpson, but also the Czech actor...
read moreRich people prefer to enter luxury car club instead of purchasing exclusive car these days
September 5, 2009 | 01:56pm CEToriginalThey thus save up for buying new cars, their alternation, service and other functional things. The Australian club Supercar…
read moreCar sales in USA rose in August, first time since October 2007
September 5, 2009 | 12:22pm CEToriginalAsian carmakers and Ford profited from the growth the most due to their efficient models. In September and the following months, analysts and carmakers expect...
read moreQatar already acquired shares in Porsche SE and Volkswagen
September 4, 2009 | 06:15pm CEToriginalRights for a purchase of 6.96% of the Volkswagen shares are owned by one of Qatar's financial advisors in this transaction, Swiss company...
read moreGeneral Motors seeks help for Opel also from governments of Spain, Britain and Poland
September 4, 2009 | 11:28am CEToriginalSo far, the German government has been the only one to offer a loan to the new owner. Comprehensive support from these three states should reach the volume...
read moreCar sales in Japan returned to growth after 13 months in August
September 4, 2009 | 10:47am CEToriginalThe growth in August reached 2.3%; total of 198,265 cars were sold. Whereas Toyota and Honda increased sales in August, Nissan’s sales went down by…
read moreGeneral Motors further expands in China, now in production of commercial vehicles
September 3, 2009 | 08:00pm CEToriginalGM will set up a joint venture with a local carmaker FAW, which is going to integrate two existing FAW plants and one newly built. Moreover, GM is interested in a share in other joint venture...
read moreHonda to develop electric car, introducing it on US market first
September 3, 2009 | 06:23pm CEToriginalIt will be a small car, whose prototype might be introduced during this year. However, Honda plans to introduce it o the market in...
read moreEmployees of Volkswagen Group want minority share in company
September 3, 2009 | 05:26pm CEToriginalTrade unions of the carmakers Volkswagen and Porsche, which will become parts of one group according to an agreement concluded in August, would put up with a share…
read moreProduction of model Hyundai i20 for European market to take place in Turkey as of May 2010
September 3, 2009 | 03:01pm CEToriginalEarlier, the Czech Republic or Slovakia were being considered as well. However, only some versions will be manufactured in the Izmit-based plant; the carmaker will invest there…
read moreNew car sales in Germany jumped by 28% in August
September 2, 2009 | 10:09pm CEToriginalScrap bonus helped the situation, but financial means for it have been exhausted today. State premium helped the Czech carmakers as well; Skoda Auto is now handling orders from...
read moreRHJ International has increased offer for Opel share
September 2, 2009 | 06:45pm CEToriginalBelgian investment company now offers EUR 300 million in cash instead of the original EUR 275 million for 50.1% share in Opel. At the same time, it reduced the guarantee demand...
read morePeugeot 207 facelift: Lower prices, competition for Peugeot 908 ride, navigation for the first 500 customers
September 2, 2009 | 05:16pm CEToriginalThe carmaker has prepared also other hot offers for passenger and commercial vehicles in September, including the combination with service and finance...
read moreProduction of Japanese carmakers continued to decline in July
September 2, 2009 | 01:23pm CEToriginalProduction of Toyota Motor fell by about 20% y/y, Honda Motor’s by almost 25%. Nissan Motor was doing the best...
read moreLisi Automotive to centralize production in Czech Rep to one location
September 1, 2009 | 11:07pm CEToriginalThe company therefore aims to save on transportation and administration. Lisi Automotive Form will build a new production hall in the current area in Cejc near Hodonin using investments...
read moreToyota to cease production in joint factory with General Motors in USA
September 1, 2009 | 10:21pm CEToriginalProduction of models Corolla and Tacoma will be folded in Fremont, California in March 2010 and is about to move to...
read moreRenault and Dacia offering advantages for most of models in September
September 1, 2009 | 09:36pm CEToriginalThe most significant discounts are provided within financing through the Renault Finance and Dacia Finance, at each model...
read moreNissan introduced another plan for dismissals in Spanish plants
September 1, 2009 | 12:52pm CEToriginalThe Japanese carmaker intends to decrease production by more than 60% in Spain compared to last year’s production…
read moreCCS: Fuel prices became cheaper last week
August 31, 2009 | 09:47pm CEToriginalPrice of a litre of petrol Natural 95 fell by 16 hellers on average to CZK 28.75, a litre of diesel is cheaper by...
read moreChrysler and Nissan backed down plan for mutual car supplies
August 31, 2009 | 09:05pm CEToriginalNissan should produce small passenger cars for Chrysler from 2010. However, in the small cars‘ production Chrysler found a new opportunity in a form of a partnership with…
read moreScrap bonus in USA boosted sales of almost 700,000 new cars during a month
August 31, 2009 | 03:05pm CEToriginalJapanese carmakers cut a bigger share than the US ones. The most popular model bought within the scrap bonus program became...
read moreToyota convenes over 688,000 cars into services in China
August 30, 2009 | 11:08pm CEToriginalThis is the highest number of such car convening in China. This is due to a defective electric window control. The convening action applies to models...
read moreGerman government aims to favour domestic producers of luxury cars after just ending scrap bonus
August 28, 2009 | 12:48pm CEToriginalCurrently, it is not favourable for German carmakers' employees to buy a newish car. The proposal came from the carmaker BMW...
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