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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
Cars
Autofox Helps: Ford Fund donated USD 100,000 to Global Giving Ukraine Relief Fund for humanitarian aid to assist Ukrainian citizens, families
June 6, 2022 | 09:42pm CETpublicAt the same time, Ford Motor Company suspended operations in Russia (commercial van manufacturing, sales)...
read moreAutofox Helps: Aures Holdings donated CZK 3 million (EUR 125,000) to help Ukraine
April 28, 2022 | 10:19pm CETpublicThe operator of the AAA Auto used car center network has sent financial gift to a Czech humanitarian organization. The company also announced a cash collection among employees in Czechia, Slovakia and Poland. Material and logistical assistance...
read moreAutofox Helps: Peugeot SA (PSA) donated 400,000 masks to hospitals, emergency services, local authorities
November 26, 2020 | 11:19pm CETpublicDonation of medical equipment to hospitals in Italy, Spain and France, providing Free2Move, PSA, Peugeot and Opel vehicles to healthcare professionals, production of respirators and visors in 3D printing...
read moreAutofox Helps: Škoda distributors support fight against coronavirus worldwide with numerous activities and measures
August 26, 2020 | 11:48pm CETpublicThey mainly provide cars and donations. Activities in Czechia, India, Germany, Slovakia, France, Spain, Poland, Belgium or Switzerland...
read moreAutofox Helps: Fiat Chrysler to help provide more than 1 million meals to school children around plants in USA
August 26, 2020 | 11:12pm CETpublicPartnership with non-profit organizations and foundations providing food to children until schools return to session, extention of the program nationwide in US and to Canada and Mexico, converting other factories to produce face masks for donation, engineering and logistics assistance an Italian ventilator manufacturer...
read moreAutofox Helps: Hyundai undertook series of philanthropic initiatives to support health services across Europe during Covid-19 pandemic
June 21, 2020 | 11:23pm CETpublicLending more than 300 cars to medical staff and key workers, activities in UK, France, Italy, Spain and Poland, actions supporting customers...
read moreAutofox Helps: EDAG Engineering developed face mask for everyday use making 3D print data for mask holders available for free download on website
June 21, 2020 | 11:15pm CETpublicAlternatively, anyone who does not have a 3D printer, can order the Mask4all parts from EDAG's 3D printing partners...
read moreAutofox Helps: Nissan makes protective face visors for frontline workers in UK
May 31, 2020 | 11:43pm CETpublicProduction capacity, location, inspiration by the 3D printing of two brothers based at Nissan's UK Technical Centre, ramping up the volume thanks to injection moulding...
read moreAutofox Helps: Fleet of 200 Škoda cars provided by automaker, 16 dealers covered 227,000 km in Czechia in month and half delivering 20,000 meals and essential shopping, 240,000 respirators, face masks and disinfection kits
May 31, 2020 | 11:35pm CETpublicOver 250 doctors and paramedics covered 16,000 km on 1,600 rides with 150 BeRider e-scooters from Škoda Auto DigiLab in Prague. Helping 89 organisations and more than 50,000 people, evaluating applications for one of hundred Octavia Combi cars by the NROS Foundation, producing almost 800 respirators and 2,500 protective shields with the help of the carmaker's technical development, project management by 3Dees...
read moreAutofox Helps: Nissan to make protective face shields for health care workers in Japan
May 10, 2020 | 11:14pm CETpublicIn addition, Nissan is studying ways to support companies that manufacture ventilators and artificial heart-lung machines. Production capacity, location, activities in USA, UK and Spain...
read moreAutofox Helps: Škoda Auto donates 100 Octavia cars worth around CZK 85 million (EUR 3.1 million) to aid organisations in Czechia for fight against coronavirus
April 29, 2020 | 01:00am CETpublicReceipt of applications to the grant program for two weeks, production of parts for FFP3 respirators in Škoda’s Technical Development using 3D printers, employee collections for hospitals at sites of Czech plants, assistance of trainees and employees with sewing of textile masks, distribution of Prusa Research protective shields to hospitals and general practitioners with contribution of Škoda’s Logistics...
read moreAutofox Helps: Air Liquide, Peugeot SA (PSA), Valeo, Schneider Electric to make 10,000 ventilators
April 29, 2020 | 12:55am CETpublicRequest from the French government, time horizon, working group composed of experts in purchasing and production, help from 100 partner companies, demands on components, dedicated facility in a carmaker's plant, involvement of volunteers from employees not only of a R&D center, PSA Reserve initiative...
read moreLear signed Carmera as development partner in EXO Technology Partnership Program
April 21, 2020 | 11:45pm CETpublicDetails of the partnership program, initial development focused on testing EXO Global Navigation Satellite System (GNSS) correction technology alongside Carmera Autonomous Map...
read moreLear acquired Xevo, provider of connected car software and data-driven user experiences
April 7, 2020 | 11:42pm CETpublicCompletion of the transaction, financial advisor, key services Journeyware and Market, HR...
read moreFränkische moved part of its production from Czechia to Romania
March 11, 2020 | 04:50pm CEToriginalLocations, reasons, HR, work aid from employees from Hungary, turnover in 2018-2020, products, clients including electric vehicle manufacturers, potential of e-mobility…
read moreČSÚ: Prices of cars in Czechia rose m/m in June 2019
March 11, 2020 | 03:50pm CEToriginalPrices of both new and used cars rose. Raising of motorcycle, car repair services and spare parts prices, detailed data, y/y development...
read moreLear Innovation Ventures (LIV) invested in Israeli venture capital fund managed by Maniv Mobility
March 11, 2020 | 03:32pm CETpublicManiv Mobility's portfolio and investing activities are focused on Israeli start-up companies in the connected, autonomous, ridesharing and mobility sectors, as well as on investments in the U.S. and other markets. Acquisition of EXO Technologies...
read moreToyota Research Institute-Advanced Development, Carmera to create HD maps for automated vehicles using camera data
February 10, 2020 | 11:44pm CETpublicFirst step towards realizing TRI-AD's open software platform concept known as Automated Mapping Platform (AMP), cameras in Toyota test vehicles to collect data over several months from areas of downtown Tokyo, cameras installed in the test vehicles using Toyota Safety Sense (TSS) components...
read moreDXC Technology signed agreement to cooperate on development of BMW self-driving cars
February 10, 2020 | 11:32pm CETpublicTechnologies for the BMW High Performance D3 platform to simplify and accelerate test data analysis as well as streamline machine learning algorithms with the DXC Robotic Drive platform...
read moreLear Innovation Ventures (LIV) Possibilities: Lear launched new division investing in early stage technologies throught partnerships with venture capital firms, accelerators, incubators
February 10, 2020 | 10:24pm CETpublicIt will also provide direct capital to start-ups and internal innovation projects. Head of division...
read moreČSÚ: Car prices in Czechia dropped m/m in May 2019
February 10, 2020 | 10:12pm CEToriginalBoth new and used car prices fell. Raising of motorcycle, spare parts and car repair services prices, detailed data, y/y development...
read moreRubicon Partners sold Ring Automotive to Osram
December 4, 2019 | 11:47pm CETpublicOsram intends to enter markets in Europe, USA and other regions with the Ring product portfolio. Turnover in 2018...
read moreČSÚ: Car prices rose m/m in Czechia in April 2019
December 4, 2019 | 11:14pm CEToriginalWhile new cars fell in price, the prices of used ones went up. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read moreČSÚ: Car prices rose m/m in Czechia in March 2019
October 23, 2019 | 09:02pm CEToriginalWhile new cars rose in price, the prices of used ones did not change. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read moreKPMG Autonomous Vehicles Readiness Index (AVRI) 2019: Netherlands, Singapore, Norway, USA, Sweden most prepared for autonomous transportation
October 17, 2019 | 12:27pm CETpublicNorway, Finland, Israel, Czechia, Hungary added to ranking in 2019. New 25-country consumer opinion poll on AVs...
read more
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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EXCHANGE RATES
1 EUR = 1.06 USD
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Source: ECB, November 20, 2024