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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
Associatons
Tunkl (SDA): Czech car market to grow in 2014
November 3, 2014 | 11:18pm CEToriginalPrediction of individual segments (cars, vans, trucks, buses), high comparative base for light commercial vehicles...
read moreCar of the Year 2015 in Czech Rep: Thirty-one cars to compete for title, thirty-seven last year
November 2, 2014 | 11:04pm CEToriginalMost novelties have been put in by BMW, Nissan and Mercedes. The jury, the nomination in five categories, sponsors, cooperation with TNS Aisa...
read moreVosicky: Hyundai plans to increase its market share in Czech Rep to 15% by 2018
October 30, 2014 | 02:42am CEToriginalThe current share, growth segments, purpose registrations, alternative drives, unification of used car sales programs under one brand...
read moreSehnal (SPGroup): Slavia Pojistovna currently not for sale
October 29, 2014 | 12:23am CEToriginalHowever, SPGroup reportedly continues to offer the oldest Czech insurance company and one bank helps with that. The plan to boost profitability, capital increase, the dispute with the CNB...
read moreChamber of Deputies postponed vote on abolition of contribution for uninsured vehicles in Czech Rep
October 26, 2014 | 11:37pm CEToriginalReasons, timing, the proposal for the extinction of the CKP right to enforce the contribution to the guarantee fund after three years, problematic semi-transfers of vehicles...
read moreSDA: Forty HEVs and twelve EVs registered in Czech Rep in September 2014
October 26, 2014 | 11:23pm CEToriginalThe registry also included 211 vehicles powered by CNG and 69 cars on LPG. Leaders of alternative drive systems, another Lexus hybrid, results in Q1-3...
read moreCar sales in EU up by 6.1% in September
October 19, 2014 | 11:21pm CEToriginalThe market has been growing for 13 months in a row. Registrations in Q1-3, drop of smaller Western European markets, results of the Skoda brand, comments by KPMG and AutoSAP...
read moreNew car registrations increased by 13.1% in Slovakia in Q1-3
October 12, 2014 | 10:16pm CEToriginalSales of the Slovak market leader Skoda grew faster. Czech carmaker's market share...
read moreGE Capital to enter lease financing in Czech Rep
October 8, 2014 | 10:53pm CEToriginalAcquisition of VB Leasing CZ by GE Money Bank, signing of the contract, permission of UOHS, completion of the transaction, expected price, the likely changes...
read moreSDA: New car registrations in Czech Rep up by 19.4% in September 2014
October 7, 2014 | 10:27pm CEToriginalGrowth was driven by the Hyundai, Ford, Volkswagen, Opel, Skoda, Mazda, Kia, Peugeot and Mitsubishi brands. A decrease in the van segment, growth of trucks...
read moreSDA: Twenty-five HEVs and twelve EVs registered in Czech Rep in August
September 30, 2014 | 09:55pm CEToriginalThe registry has also included 113 vehicles powered by CNG and 94 LPG cars. Leaders of alternative drives, the first electric Kia, results over the past eight months...
read moreRaiffeisen-Leasing entered fleet management market in Czech Rep, aiming to become major player there
September 22, 2014 | 11:49pm CEToriginalDeveloping a new department in the Czech branch of the Austrian leasing company will be in charge of two senior managers...
read moreCar sales in EU rose by 5.6% in July, by 1.2% in August
September 17, 2014 | 11:20pm CEToriginalThe market has been growing for 12 consecutive months. Developments in major markets, strong growth of Skoda Auto, a decrease of premium brands, BMW focus on profit rather than sale, comment of KPMG and Ernst & Young...
read moreVolksbank and DZ Bank selling VB-Leasing, buyer found in Poland, Romania and Czech Rep
September 15, 2014 | 03:56am CEToriginalThe new owners of leasing companies, profile of VB Leasing CZ (products, partners, results in 2013, HR, project Proresale Cash)...
read moreAnother Chamber of Deputies' Committee endorsed proposal for abolition of contributions for uninsured vehicles in Czech Rep
September 8, 2014 | 02:41am CEToriginalThe reasons are the same. According to the Czech Insurance Association this will result in an increased number of uninsured cars...
read moreSDA: Registrations of new cars in Czech Rep up by 20.2% in August 2014
September 3, 2014 | 11:14pm CEToriginalThe growth was driven by Volkswagen, Hyundai, Ford, Opel, Dacia, Skoda and Seat brands. The decrease in van segment and growth of trucks...
read moreCommittee of deputies endorsed proposal for abolition of contributions for uninsured vehicles in Czech Rep
September 3, 2014 | 11:06pm CEToriginalAccording to the committee, the contribution represents a dual recourse for the owners of uninsured vehicles. The proposal is rejected by the Czech Insurance Association...
read moreCAP: Abolition of contributions of uninsured motorists to raise price of damage liability in Czech Rep
September 2, 2014 | 10:56pm CEToriginalDeputies’ proposal will be dealt by the members of the financial and economic committee of the Chamber of Deputies on September 3. Trend in the number of uninsured claims...
read moreInsurance companies increased price of damage liability by about 10% in Czech Rep in 2014
September 1, 2014 | 10:29pm CEToriginalSome of them plan to further increase the rates. Situation in Ceska pojistovna, Kooperativa, Allianz, Uniqa, and CSOB Pojistovna...
read moreSDA: 20 HEVs and 21 EVs registered in Czech Rep in July 2014
August 25, 2014 | 11:39pm CEToriginalThe registry has also included 190 vehicles powered by CNG and 177 cars on LPG. Leaders of alternative drive systems, the second electric VW, results for seven months...
read moreSoucek (Citroen): Czech van market to grow in next three years
August 25, 2014 | 04:35am CEToriginalDevelopment in H1 2014, results of Citroen, the new Jumper, a new supplier of the fuel injection system, start-stop engines, corporate clients, innovatived modular offer...
read moreMedea Research: Czech car market up by 10% in January-July
August 19, 2014 | 11:07pm CEToriginalThis is a smaller increase than SDA’ statistics of registrations indicated, but a significant difference compared to analyses of Hyundai Motor Czech speaking on drops...
read moreSkoFIN chose new PR agency
August 18, 2014 | 11:07pm CEToriginalThe winner of the tender and its clients, start of the cooperation, previous partner for PR activities...
read moreMedea Research to publish statistics of new car registrations in Czech Rep, net of short-term deregistrations
August 11, 2014 | 07:42am CEToriginalMethodology, source data, results for seven months, the growth of re-exports, a conflict of interest, low price level in the Czech market...
read moreCEE Automotive Forum 2014: Further 13 speakers to join conference
August 8, 2014 | 01:07am CEToriginalThese are representatives of CLEPA, AutoSAP, PSA, Volkswagen, Skoda, Opel, Ford, AAA Auto, Ernst & Young, Matador, Aufeer Design, Bosal and Item...
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