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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
Institutions
CAP: 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 moreCode of Ethics: Association of Czech Hyundai dealers complains at Prime Minister
August 27, 2014 | 12:07am CEToriginalA call to control foreign investors receiving incentives, the five most controversial points of the code of ethics, comparison with the USA...
read moreCzech Ministry of Transport to renew car fleet of top management
August 24, 2014 | 11:17pm CEToriginalReasons, the number and categories of vehicles, estimated price, fleet of the department, the case of testing of a BMW car before the announcement of the tender...
read moreSeries of tenders on hundreds of vehicles and tires announced in Czech Rep
August 18, 2014 | 11:20pm CEToriginalThe submitter and its fleet, renewal of part of the fleet, the form of acquisition, the value of contracts, the criteria including warranty without limitation of mileage...
read moreCzechInvest chose new manager for automotive industry and green mobility
August 14, 2014 | 10:21pm CEToriginalThis function in the agency for the support of investment and business in the Czech Republic was recently held by Ales Stavjana. A new sector manager with experience from Skoda Auto...
read moreCSU: Car prices in Czech Rep down m/m in July 2014
August 11, 2014 | 11:44pm CEToriginalWhile new cars became more expensive, used cars and motorcycles became cheaper. Prices fo servicing and spare parts, detailed data, the annual development...
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 moreCode of Ethics: Association of Czech Hyundai dealers filed complaint against distributor at antitrust authority
July 31, 2014 | 11:25pm CEToriginalThe controversial distribution policy, comments of UOHS and Hyundai Motor Czech, enlargement of the association, the distributor’s financial results in 2013...
read moreCzech government concluded investment agreement with Hyundai Mobis
July 29, 2014 | 11:33pm CEToriginalThe amount of investment, timing of the construction, start of production, capacity, the amount and types of incentives, HR, two phases of development, products, customers...
read moreAAA Auto got fined for errors in loan advertisement in Czech Rep
July 21, 2014 | 11:52pm CEToriginalDetails of the misconduct, the amount of the fine reflects the alleged repeated misconducts, possibility to appeal, statement of COI and the company...
read moreCar and parts makers in Morocco demand subcontracts for EUR 175 million
July 14, 2014 | 11:57pm CEToriginalRequested products and services, value of orders, profile of the Moroccan automotive industry (HR, production, export, sale), outlook of Oxford Business Group...
read moreCzech Ministry of Defence announced several tenders for fleet renewal
July 14, 2014 | 12:05am CEToriginalThe ministry is looking for cars, microbuses, ambulances and fire trucks. The numbers, categories, estimated prices, timing, reduction of a previous contract...
read moreCzech Rep wants to create public database with mileage of cars
July 10, 2014 | 11:38pm CEToriginalMore alternative solutions, information on traffic accidents, possible problems according to Cebia, implementation of the new EU directive...
read moreAntitrust Authority stopped investigation of Car Importers Association due to registrations in Czech Rep
July 9, 2014 | 11:44pm CEToriginalThe UOHS has no grounds to initiate administrative proceedings initiated by Hyundai Motor Czech and confirmed its earlier statement...
read moreCSU: Car prices in Czech Rep decreased m/m in June 2014
July 9, 2014 | 11:29pm CEToriginalWhile new cars and motorcycles became more expensive, used cars became cheaper. Prices of servicing and spare parts increased. Detailed information, y/y development...
read moreCEE Automotive Forum 2014: Informa holds conference in Czech Rep on automotive industry in CEE
July 9, 2014 | 05:04am CEToriginalSpeakers from ACEA, Ford, CzechInvest, TPCA, Tatra, Suzuki, Qoros, Great Wall, Porsche Engineering, ZF, Bosch, Plastic Omnium or Grammer...
read moreAPPAA proposes making data from vehicle registry available to scan odometers
July 6, 2014 | 10:59pm CEToriginalIt aims to submit a proposal to the Ministry of Transport soon. The current mileage control options in the Czech Republic are insufficient, according to the association of used car shops...
read moreSupreme Court: Rolling back odometer is fraud if damage exceeds CZK 5,000
July 4, 2014 | 04:36am CEToriginalMinistry of Industry and Trade, however, still insists on a change in legislation. A comment by AAA Auto, the Czech market according to Cebia...
read moreCar Importers Association does not intend to publish detailed statistics of registered vehicles in Czech Rep
June 30, 2014 | 11:43pm CEToriginalThese include e.g. statistics of short-term deregistrations or statistics by owner. Reasons, the Ministry of Transport activity, the situation in Germany...
read moreHyundai Mobis to build headlight plant in Central Europe, probably in Czech Rep
June 27, 2014 | 01:33am CEToriginalThe location, alternatives, plot size, amount of investment, HR, project timing...
read moreCzech government closed investment agreement with Nexen Tire
June 25, 2014 | 11:57pm CEToriginalPlant size, timing of construction, SOP, capacity, HR, amount of incentives, two phases of development, increased interest of investors in the Czech Republic in 2014...
read moreHyundai Mobis to allegedly invest EUR 90 million in Czech Rep
June 25, 2014 | 01:25am CEToriginalLocation, the second plant in the country, advantageous purchase of land, timing, HR, state subvention...
read moreNexen Tire to invest over EUR 800 million in Czech Rep
June 24, 2014 | 12:22am CEToriginalStart of the plant construction, production start, the gradual increase in tire production, the target capacity, HR...
read moreAntitrust office investigates Czech Car Importers Association for registrations
June 22, 2014 | 11:29pm CEToriginalIt happened on the initiative of Hyundai Motor Czech. SDA already contacted UOHS, which ‘sanctified’ the charging of part of statistics…
read moreFormer Head of Regional Inspectorate of Czech Trade Inspection lodges complaint
June 22, 2014 | 11:03pm CEToriginalThe reason is his removal from office and inaction of his colleagues in the APR case. Reaction of the COI head Mojmir Bezecny and Minister Jan Mladek...
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