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Raiffeisen-Leasing received more than 1,300 applications for financing in Czechia under Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest was in Tesla cars (over 90%), average loan amount per vehicle was CZK 600,000 (EUR 23,750)
October 23, 2024 | 04:01pm CETflashread more
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
Associatons
Scrap bonus in Slovakia helped Renault mainly, outran Skoda in sales
April 16, 2009 | 05:55pm CEToriginalDuring the first wave of the scrap bonus in March in Slovakia, there were about 2,836 Skoda cars sold. Renault sold…
read moreCarmakers were not saved by scrap bonus, new passenger car sales in Europe fell by 9% in March
April 16, 2009 | 04:36pm CEToriginalDespite, sales in March increased by almost 40% in Germany, the biggest economy of Europe, in other EU member states…
read moreConcept of scrap bonus initiation in Czech Rep plans for CZK 1,000 bail
April 16, 2009 | 12:45pm CEToriginalAccording to HN, there would be about CZK 2.5 billion in the Czech system, the money would amount…
read moreSlovakia does not negate the third round of scrap bonus this autumn
April 15, 2009 | 10:24pm CEToriginalThe scrap bonus self-financing has been confirmed in the first two rounds in Slovakia. Collected VAT exceeded the paid subsidies by...
read moreDirectors of Czech insurance companies expect decline of market growth
April 15, 2009 | 12:43pm CEToriginalWithin non-life insurance, the pace decline will be influenced by a lower number of sold cars too…
read moreThe second round of scrap bonus ended in Slovakia on Tuesday evening
April 15, 2009 | 01:32am CEToriginalIn the second round of scrap bonus in Slovakia, motorists delivered the same amount of jalopies for half time as in the first round. Next round...
read moreSDA: New trucks registrations in the Czech Rep decreased nearly by half in Q1, buses showed growth
April 7, 2009 | 06:34pm CEToriginalNew trucks registrations in the Czech Republic decreased by 47.5% in 1Q to…
read moreBrno Motor Show 2009: Extension by LCV up to 3.5 t persuaded some importers, dealers too
April 7, 2009 | 01:39pm CEToriginalAbout 30 brands and some 100 other manufacturers have already enrolled in the motor show in Brno. The organizers are still negotiating with several brands…
read moreTunkl (SDA): Passenger cars registrations in Czech Rep to rise this year, commercial vehicles to reach three quarters of 2008
April 6, 2009 | 08:02pm CEToriginalRegistrations of new passenger cars have decreased by 5.9% to 31,075 units in Q1 in the Czech Republic. However, the number has risen in March by…
read moreScrap bonus in Slovakia exhausted on Wednesday, the government to decide on increase on Monday
March 27, 2009 | 05:40pm CEToriginalSlovak citizens delivered over 22,000 old cars for liquidation in two and half weeks. The collected VAT exceeded the subsidy of…
read moreACEA welcomes European Parliament’s call to support Europe‘s auto industry
March 26, 2009 | 08:37pm CEToriginalEuropean carmaker association ACEA expressed satisfaction with EPs’ call for measures to support the automotive industry by...
read moreACEA: Demand for new commercial vehicles in Europe down by 38.7% in February
March 25, 2009 | 08:45pm CEToriginalDemand for new commercial vehicles in Europe has dropped by more than one third in February, and by almost a half in Eastern Europe. In Slovakia, the drop-off was even…
read moreCPU: 12 CNG filling stations adding up this year, similar amount in 2010
March 24, 2009 | 09:55pm CEToriginalA total of 14 new CNG filling stations will be added up in the Czech Republic this year. The first CNG filling station in Prague will get going…
read moreCPU: Natural gas consumption to rise by 30% till 2017 in Czech Rep
March 19, 2009 | 07:21pm CEToriginalTotal sales of natural gas as the fuel (CNG) ran to 3.5 million m3 in 2006, 4.9 million m3 in 2007, and in 2008…
read moreACEA: European car production might decline by up to 30% in 2009
March 16, 2009 | 09:30pm CEToriginalThe ACEA carmaker association estimates that European passenger car production and commercial vehicle production could this year decline by…
read moreSAP: Sales of automotive manufacturers to fall more than payroll this year
March 16, 2009 | 04:54pm CEToriginalAutomotive industry companies are trying to preserve employment at the highest economically acceptable level in the current tough situation...
read moreSAP: Czech government’s passivity in supporting automotive industry closes on domestic suppliers
March 16, 2009 | 03:34pm CEToriginalForeign companies are displeased with the Czech Republic having not initiated the scrap bonus yet, while profiting from this measure in other countries...
read moreACEA: Registrations of Skoda in Europe down by 8.8% in February, market share up though
March 13, 2009 | 07:33pm CEToriginalPassenger cars registrations in the Czech Republic decreased by 7.7% y/y in February, in Slovakia by 37.9% though...
read moreACEA: Demand for new passenger cars in Europe decreased by 18.3% in February
March 13, 2009 | 07:12pm CEToriginalDemand for new passenger cars in Europe decreased by almost one fifth in February. The fall in Western Europe was reduced by…
read moreWages in the automotive industry rose by 6.4% last year, however, in H2 2008 decreased by 1.1%
March 10, 2009 | 08:44pm CEToriginalThe average gross monthly wage increased in the Czech automotive industry last year. It oscillated above the national average...
read moreBrno Motor Show 2009: Extension by LUV up to 3.5t, duration shortened, over two thirds of brands expected
March 9, 2009 | 03:52pm CEToriginalThe organizers expect most of the car brands operating in Central Europe to participate in the motor show. The participation has already been confirmed by…
read moreInsurance fraud exceeded CZK 500 million again in 2008, car insurance fraud on the rise
February 28, 2009 | 11:41am CEToriginalThe number of cases of car insurance frauds last year increased by...
read moreEuropean carmakers call on EU to take crisis measures
February 25, 2009 | 08:42pm CEToriginalEuropean Automobile Manufacturers Association ACEA calls on EU to take steps to take measures to help the European automotive industry during the financial crisis...
read moreACEA: Demand for new commercial vehicles in Europe dropped by more than one third in January
February 25, 2009 | 04:22pm CEToriginalDemand for new commercial vehicles in Europe decreased by more than one third in January; in Western and Eastern Europe similarly. In Slovakia, the drop reached even…
read moreBrno Motor Show 2009: Organizer offered lower prices, confirmed by Skoda and Kia, Chrysler to be missing
February 24, 2009 | 06:47pm CEToriginalThe organizer of Brno Motor Show 2009 offered lower prices, negotiations with potential exhibitors still ongoing. Attendance was confirmed by brands...
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