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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
AAA Auto appointed new CFO
November 30, 2015 | 11:55pm CEToriginalHe came to the company from the telecommunications industry, previously having worked at PwC. Details...
read moreNHTSA: Takata airbag scandal caused by ammonium nitrate
November 30, 2015 | 11:43pm CEToriginalOther airbag manufacturers do not use this substance. Reactions of customers – automakers, past and expected financial results...
read moreHyundai expands sales of hydrogen cars in Europe
November 30, 2015 | 11:30pm CEToriginalThe results, autumn delivery of ix35 Fuel Cell vehicles, drive specifications, prices, the entry to another two countries, dealership certification, website, racing car concept...
read moreSkoda plans to expand SUV offer to four models
November 29, 2015 | 11:44pm CEToriginalThe segments concerned, development of CUV, manufacturing sites, partner, timing, focus on the largest market of the Czech automaker...
read moreBMW to expand range of sports models
November 27, 2015 | 01:02am CEToriginalCurrent and upcoming M-models and M-versions, innovative Competiton Package for the M6, engine with water injection, the possibility of deactivating the speed limiter...
read moreDieselgate: Volkswagen got first fine
November 27, 2015 | 12:40am CEToriginalCountry, a record penalty for the automaker, mandatory recall, the examination of other diesel cars...
read moreFCA recalls nearly 900,000 vehicles
November 27, 2015 | 12:32am CEToriginalReasons, brands and models concerned, several injuries in connection with the problem...
read morePorsche recalls nearly 60,000 cars
November 26, 2015 | 03:42am CEToriginalThe reason of one of the larger recall events, affected models, the number of cars in different markets...
read moreDieselgate: Volkswagen to reduce annual capital expenditures by EUR 1 billion
November 22, 2015 | 11:24pm CEToriginalSuspended investments in Europe and America, the delay of some new models, increased spending on alternative drives, development of the MEB platform...
read moreTesla recalls Model S
November 22, 2015 | 11:17pm CEToriginalDetails of the voluntary recall, the reason, reactions to one European client's warning, the number of cars, previous recalls...
read moreSkoda put up prices of some models in Czech Rep
November 19, 2015 | 07:56pm CEToriginalDeclared reasons, timing, affected models and price changes, expansion of basic equipment, an increase in the prices of some additional features...
read moreGM recalls 1.4 million cars repeatedly
November 19, 2015 | 07:34pm CEToriginalPrevious repairs have not solved the problem. Details of the defect, affected models, the threat of fire...
read moreNational Action Plan for Clean Mobility: Czech government to approve low-emission transport development strategy
November 18, 2015 | 11:01pm CEToriginalTiming, promotion of alternative drives (BEV, PHEV, CNG, LNG, FCEV), infrastructure development, types of aid, budgets, NAP CM financing, goals for 2020, prediction of CPS and Roland Berger...
read moreMazda recalls nearly 5 million older cars
November 18, 2015 | 10:29pm CEToriginalThe reason, affected models and production years, the number of cars in different markets, the risk of fire...
read moreToyota to invest USD 1 billion in Artificial Intelligence
November 18, 2015 | 12:13am CEToriginalThe establishment of a new company, site of the R&D centre, development of autonomous vehicles, a test car, the need for mobility for seniors and disabled people...
read moreDaimler recalls over 100,000 Mercedes cars
November 17, 2015 | 11:49pm CEToriginalThe reason, affected models and years of production, details and timing of the recall...
read moreToyota recalls 6.5 million cars
November 15, 2015 | 10:07pm CEToriginalThe reason, affected models and production years, the number of cars in different markets...
read moreSwell to expand its R&D centre
November 13, 2015 | 02:39am CEToriginalThe scale of investment, the relevant sections, relocation of one facility, investment plan for the next three years, HR, tenders for a number of positions, the new ownership structure...
read moreAudi Sport: Audi introduced new concept of sports models sales
November 12, 2015 | 11:47pm CEToriginalCertification of selected dealers, standards, current and future offer of RS models, situation in the Czech Rep, the new Audi R8...
read moreOne3D: New company specializing in 3D printing of plastic and metal car parts established in Czech Rep
November 11, 2015 | 11:57pm CEToriginalInvestors, services in the field of additive manufacturing and rapid prototyping, clients and partners, website, entry into the Moravian-Silesian Automotive Cluster...
read moreYanfeng Automotive Interiors commenced operations, European activities to be managed from Germany and Slovakia
November 11, 2015 | 11:47pm CEToriginalGlobal headquarters, growth plan, CEO, products and clients, HR, R&D, website, profile of the Czech plant, investment incentives...
read moreMusk: Tesla might launch production in China by 2017
November 11, 2015 | 11:20pm CEToriginalSales in the Chinese market, lowering the car prices, HR, upcoming models, the giant factory for battery production...
read moreFirst FordStore showroom opened in Czech Rep
November 11, 2015 | 02:59am CEToriginalLocation, dealer and his dwindling number of branches, planned number of flagship showrooms in Europe and the Czech Republic, the standards for Ford Store and Vignale, exclusive sales of certain models...
read moreVolkswagen gained significant engineer from Apple
November 10, 2015 | 11:55pm CEToriginalHe has extensive experience from Daimler and the development of an autonomous vehicle. Volkswagen appointed him to lead a new department...
read moreCSU: Car prices in Czech Rep increased m/m in October 2015
November 10, 2015 | 11:47pm CEToriginalUsed cars became more expensive than the new ones. Prices of motorcycles and spare parts fell, prices of servicing rose. Detailed data, the y/y progress...
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