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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
Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433 batteries for Škoda Octavia, Superb, VW Arteon, Passat, Golf, Tiguan, Multivan, Audi A3, Q3, Q4, SEAT/Cupra Leon, Formentor, Tarraco in 2019-2024; daily production capacity of 850-900 units) in Mladá Boleslav, Czechia in April, production of second generation of batteries with higher capacity and range of over 100 km (for PHEVs including Škoda Superb iV, Kodiaq iV) taken over by Volkswagen plant in Braunschweig, Germany. In released hall, Škoda Auto to install 3rd line for high-voltage traction batteries for battery electric vehicles (MEB+, assembly from cells using Cell-to-Pack technology), complementing adjacent 2 lines (GS3.1+GS3.2, MEB, assembly from LG and CATL modules, daily capacity 1520/1020+500 units for BEVs including Škoda Enyaq, Enyaq Coupé, VW ID.4, ID.5, Audi Q4 e-Tron, Ford Explorer)
October 15, 2024 | 03:21pm CETflashread more
National Development Bank (NRB) accepted applications for 5,468 electric vehicles in Czechia during six and half months (29 weeks, March 18 – October 3) 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). Greatest interest is in Tesla cars (2,449 vehicles), followed by Volvo (503), Volkswagen (472), Škoda (444), BMW (273), MG (255), Hyundai (142), Mercedes (140), Kia (100), SsangYong (91), Toyota (87), Renault (76), Ford (62), BYD (55), Dacia (52), Peugeot (43), Citroën (40), Fiat (40), Mini (35) and others (168)
October 15, 2024 | 03:04pm CETflashread more
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025
October 14, 2024 | 02:56pm CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)
October 14, 2024 | 02:52pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend
October 14, 2024 | 02:47pm CETflashread more
Associatons
CLFA: Movable asset leasing down by 54.2% in H1, consumer lending by 22%
August 20, 2009 | 08:54am CEToriginalThe number of concluded contracts fell more steeply so an average price of a financed item went up. Specifically, within particular means of financing…
read moreNew car sales in Slovakia increased by 20.1% in July
August 11, 2009 | 05:13pm CEToriginalSale is still promoted by the scrap bonus. Cumulatively, the sale of cars up to 3.5 tonnes has since the beginning of the year increased y/y for the first time in 2009, namely by...
read moreSAP: Number of cars older than 10 years went up by 450,000 over last 3.5 years
August 11, 2009 | 11:22am CEToriginalRenewal of car fleet in the Czech Republic is not in progress, according to SAP, whereas common renewal in EU is 8 to 10% annually. Scrap bonus should be one of measures only…
read moreSales of passenger and light utility cars decreased by 13% in January-July
August 7, 2009 | 04:40am CEToriginalDemand for passenger cars increased by 8% in the first seven months, in July it increased by...
read moreDespite insurance stagnation within damage liability, number of concluded contracts up by 5.8% in H1
August 2, 2009 | 08:40pm CEToriginalA higher number of concluded contracts is caused by toughening sanctions on non-payers mainly. The reason of stagnation of the imposed insurance is…
read moreSales of commercial vehicles in Europe down by 34.8% in June, by 37.2% in H1
July 27, 2009 | 10:21am CEToriginalDemand for heavy trucks (above 16 tons) declined the most—by 52.4%. Conversely, the smallest drop was recorded within the segment…
read moreNumber of passenger cars in Czech Rep slightly declined to 4.41 million in H1
July 23, 2009 | 08:44pm CEToriginalThe data have been influenced by introduction of a penalty for not paying damage liability or an ecological fee for transfer of old cars. Age of the car fleet...
read moreVehicle production dropped by 11.3% in Czech Rep in H1
July 22, 2009 | 09:53pm CEToriginalSkoda Auto reduced production by a third, in H2 the fall should be due to the scrap bonus lower. In addition, Hyundai will launch production of its next model, therefore the domestic production will increase by...
read moreCKP: Share of cars without damage liability fell to 8.7% in June
July 20, 2009 | 02:01pm CEToriginalIt is a y/y decrease of 3.5 of the percentage point. The reason of this development is the introduction of a penalty contribution of uninsured, on which it has been collected...
read moreEU car production down by 35% in Q1, scrap bonus only reduced the drop
July 17, 2009 | 09:39am CEToriginalProduction of passenger cars declined by 31% whereas production of commercial vehicles by 57%. Over the whole year 2009 ACEA estimates a downturn by...
read moreSales of passenger cars in Europe up in June for the first time after 14 months - by 2.4%
July 15, 2009 | 11:17pm CEToriginalOver the whole H1 sales declined by 11% though. June sales went up to the carmaker Skoda Auto by...
read moreKlaus’ veto of scrap bonus condemned by carmakers, praised by economists
July 10, 2009 | 04:33pm CEToriginalAccording to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
read moreKlaus set veto on CSSD's anti-crisis packet including scrap bonus
July 10, 2009 | 01:41pm CEToriginalHis arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...
read moreCar sales in Slovakia up by 28% in June thanks to scrap bonus
July 9, 2009 | 02:05pm CEToriginalResults of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...
read moreSales of new cars in Czech Rep down by 12.4% to 92,100 cars in H1
July 8, 2009 | 08:48am CEToriginalPassenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...
read morePrices of new cars the lowest in history in Czech Rep, not to go down any more
July 4, 2009 | 12:36pm CEToriginalMore than 12 models are cheaper than CZK 200,000; prices of 50 other cars do not exceed CZK 250,000. Until winter prices of new cars will be...
read moreEuropean market with commercial vehicles dropped by 39% in May
June 25, 2009 | 02:40pm CEToriginalSales of light utility vehicles up to 3.5 tons went down by 38% to 115,342 units in May. The most distinct drops were registered by...
read moreCEZ: One million electric cars to operate in Czech Rep in 15 years at earliest
June 25, 2009 | 02:18pm CEToriginalBy 2012, there should be 25 models of electric cars on the market. CEZ negotiate with almost all carmakers within the other testing projects…
read moreTwo competing moto shows to take place in Czech Rep in March 2010
June 23, 2009 | 03:14pm CEToriginalWhile the 14th year of the moto show Motocykl will go on in Prague, there will be the 1st year of the fair Motosalon in Brno supported by SDA, which...
read moreSales of Skoda cars stagnated in Europe in May, dropped by 5.5% totally this year
June 20, 2009 | 11:43am CEToriginalRegistrations of new passenger cars went up by 20.5% y/y in the Czech Republic in May; in Slovakia even by...
read moreSales of cabriolets down by roughly a half in Czech Rep
June 19, 2009 | 01:47pm CEToriginalThe economic recession is the cause for it has brought interest in the entire category of sports cars down. The fall considers premium brands mainly...
read moreSegment of exclusive cars not affected by crisis in Czech Rep
June 18, 2009 | 03:57pm CEToriginalSales of exclusive cars went up y/y this year even—by 20 cars per 130 units. However, the situation in Europe is inversed. The reason is...
read moreSales of passenger cars in Europe fell by 4.9% in May
June 16, 2009 | 08:10pm CEToriginalScrap bonus prevented from a significant decrease in many countries. The registrations in the Czech Republic increased by 20.5%, in Slovakia, even by...
read moreSpecialists do not like hiring agency staff instead of people dismissed from full-time employment
June 14, 2009 | 11:22am CEToriginalTherefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
read moreJahn: Way out of crisis in automotive industry can last for up to 5 years
June 10, 2009 | 09:10pm CEToriginalAccording to Jahn, consolidation of carmakers and suppliers will turn up because global car production is currently beyond capacity of the market by about...
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