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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 of 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
BRNO: Car production in Czech Rep to increase by 10% this year and exceed 1 million for first time
June 9, 2009 | 06:38pm CEToriginalThe growth will be caused by Hyundai mainly, but also by TPCA. The Kolin-based carmaker plans weekend shifts similarly to Skoda Auto...
read moreBRNO: Czech automotive industry showed out gross profit over CZK 27 billion in 2008
June 8, 2009 | 05:20pm CEToriginalA half falls to Skoda Auto. The largest Czech carmaker has not appeared between the five awarded in the contest Company of the year 2008 this year though…
read moreBRNO: Carmakers and government want to initiate scrappage scheme in Czech Rep at turn of year, suppliers as soon as possible
June 8, 2009 | 01:44pm CEToriginalFor the Czech automotive suppliers lose orders from abroad. Automotive industry though calls for the scrap bonus only, not asking for any direct financial help...
read moreBRNO: Revenues of Czech carmakers and automotive suppliers down by 3.8% to CZK 707 billion in 2008
June 8, 2009 | 09:42am CEToriginalThat is the first fall of automotive industry in the Czech Republic’s history. The companies are trying to retain employment though. They dismiss…
read moreFewer used cars imported into Czech Rep this year, import down by 40% in period January till May
June 8, 2009 | 08:16am CEToriginalThe used cars Ford, Skoda and Volkswagen are imported into the Czech Republic mainly. Luxury brands are though imported as well...
read moreScrap bonus helped car sales in Slovakia in May
June 6, 2009 | 01:59pm CEToriginalSales of new passenger cars and light utility vehicles went up by 17.4% y/y in May. For over five months of this year...
read moreSales of new cars up by 20.5% in Czech Rep in May
June 3, 2009 | 09:02pm CEToriginalThe reason of the growth was though a shift of interest from the category of light utility vehicles due to a possibility of VAT deduction. In total the sales declined by...
read moreCzech carmakers and their suppliers to dismiss more people than expected owing to crisis
June 3, 2009 | 07:17pm CEToriginalIn December 2008, the Automotive Industry Association estimated 13,500 people would be dismissed during H2 2008 and H1 2009. However, the real numbers will be...
read moreSales of commercial vehicles down by 42.4% in Europe
May 28, 2009 | 12:19pm CEToriginalRegistrations dropped by 36.5% y/y in Western Europe. In new EU member states…
read moreDelegation of Turkish automotive suppliers to visit Czech Rep early in June
May 26, 2009 | 08:02pm CEToriginalFirst there will be series of negotiations with Czech companies in Prague, then the delegation will arrive at the Brno Motor Show, where...
read moreEuropean sales of Skoda cars up by 0.4% in April, carmaker’s market share growing
May 15, 2009 | 08:57pm CEToriginalRegistrations of new passenger cars in the Czech Republic grew by 19% y/y in April, in Slovakia even by...
read moreHouse of Commons approved scrap bonus, double contribution for eco-cars
May 15, 2009 | 04:45pm CEToriginalThe scrap bonus of CZK 30,000 will be paid when buying a vehicle with petrol or diesel engine. Cars with the alternative drive...
read moreSales of new passenger cars in Europe fell by 12.3% in April
May 14, 2009 | 09:46pm CEToriginalThe region of Western Europe showed out a decline by 11.6%. In the new EU member countries…
read moreBiggest CNG station in the Czech Rep to be opened in Prague on Wednesday
May 12, 2009 | 09:42pm CEToriginalIt is already the third filling station in Prague and till the end of the year there is a plan to open another...
read moreScrap bonus helped car sales also in April in Slovakia
May 11, 2009 | 06:08pm CEToriginalThere were 10,902 new passenger cars and light utility vehicles registered in the country, which signifies a year-to-year rise by...
read moreCLFA: Leasing of movables fell by record 51.5% to 10.7 CZK billion in Q1
May 11, 2009 | 05:28pm CEToriginalThe interest increase in leasing and consumer credits can be expected at earliest in...
read moreSAP: Vehicle production in Czech Rep dropped by 23% in Q1, year-long decline difficult to predict
May 11, 2009 | 04:58pm CEToriginalThe carmakers Skoda Auto, Tatra, Avia Ashok Leyland recorded a significant decline in production, on the contrary...
read moreSales of new cars in Czech Rep increased by 19% in April
May 6, 2009 | 07:55pm CEToriginalTherefore a deficiency from Q1 has been balanced, during which the demand for new cars dropped by almost 6%. In four months the registrations…
read moreInsurance market decreased growth rate to 4.4% in the Czech Rep in Q1
May 4, 2009 | 10:09pm CEToriginalThe cause of the dynamics reduction is a slowdown in growth of non-life insurance from last year's 5.4% to this year’s...
read moreLaw might unburden selected motorists from fees for used cars‘ registration
May 4, 2009 | 06:40pm CEToriginalThis might be enabled by a modifying proposal of the government amendment to the Waste Act. Fee exemption might be newly valid for...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
read moreCKP: Damage volume of uninsured vehicles increased by fifth in the 5 years’ time
April 28, 2009 | 09:20pm CEToriginalUninsured drivers caused a damage of CZK 470 million in 2008. From the CKP’s guarantee fund, it has been granted performance...
read moreDemand for new utility vehicles in Europe dropped by 32.9% in March
April 24, 2009 | 01:28pm CEToriginalCzech registrations of new commercial vehicles decreased by 44.3%, in Slovakia by 45.4%. Registrations fell throughout Q1 by…
read moreSAP: 30% of passenger cars still without catalyst in Czech Rep
April 22, 2009 | 11:21pm CEToriginalBesides 1.32 million cars without catalyst older than 15 years, there are other 600,000 cars driving on the Czech roads which only meet the standard...
read moreACEA: Skoda registrations in Europe increased by 10.6% y/y in March, its market share further grows
April 16, 2009 | 07:05pm CEToriginalRegistration of new passenger cars in the Czech Republic increased by 0.9% y/y to 12,410 units in March, in Slovakia even by...
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