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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
SDA, SAP agree to transfer part of money for environmental disposal of car wrecks elsewhere
June 9, 2011 | 01:16am CEToriginalIn 2010, two thirds of finances were not used. Statistics on receiving money from the environmental tax in the Czech Republic (the fee for re-registration of a used car)...
read moreCzech Rep intends to change rules for veteran cars
June 6, 2011 | 05:11am CEToriginalIt aims to tailor the age limit and testing method for the recognition of veteran vehicles. This would mean changes to the environmental taxes and liability insurance...
read moreCzech delegation to go to address Australian companies from automotive industry in July
June 1, 2011 | 05:00am CEToriginalCzech representatives will take part in the conference of Australian Automotive Week 2011 and several workshops at local universities. Details...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read moreSpyker agreed to rescue Saab with another Chinese investor, car distributor Pangda
May 16, 2011 | 09:54pm CEToriginalHowever, the transaction must be approved by a number of institutions and GM. Details of the investment worth EUR 110 million from a Chinese company, which gained IPO in April...
read moreCar prices in Czech Rep down by 0.4% m/m in April
May 12, 2011 | 02:08am CEToriginalUsed cars became cheaper than the new ones. Prices of spare parts and service work stagnated. Detailed information, including a y/y comparison...
read moreCzech Rep wants to expand number of cars to which environmental tax applies
May 12, 2011 | 02:02am CEToriginalThe tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
read morePromet bought Tawesco subsidiary from Tatra
May 10, 2011 | 10:39pm CEToriginalProfile of both companies, including customers, the reasons for the transaction from the perspective of Tatra and Promet, a consulting company in the acquisition...
read moreSDA, importers: Re-exporting cars within EU is legitimate and economically justified behavior
May 5, 2011 | 07:59am CEToriginalIn addition, Hyundai allegedly re-exports cars as well. ACEA and the EC work with the first car registrations. The price war in the segment of smaller models in the Czech Republic...
read moreHawtai Motor to buy 30% of Spyker Cars and help with financing and expansion of Saab
May 4, 2011 | 04:14am CEToriginalSaab will also gain a partner to enter China, Hawtai technologies and international sales network. Details of the investment...
read moreOdometer downsizing to be offence in Czech Rep, fine of up to CZK 10 million
May 2, 2011 | 01:37am CEToriginalMinistry of Transport graduated the sanctions. The availability of MOT database, logging mileage to a technical card...
read moreSwedish debt office allowed Vladimir Antonov to acquire stake in Spyker Cars
April 29, 2011 | 07:43am CEToriginalThe businessman’s investment must also be approved the Swedish Government, EIB and GM. The amount of the investment, a stake in Spyker...
read moreConPro organizing conference Mobility Forum in Prague in mid-May
April 27, 2011 | 03:09am CEToriginalAt the event there will be representatives of companies Arthur D. Little, Tili Czech Republic, RWE Transgas, PRE, CEZ, MasterCard, Prazska plynarenska or TUV Sud...
read moreCar prices in Czech Rep dropped by 0.7% m/m in March
April 21, 2011 | 03:21am CEToriginalNew cars became cheaper more than the used ones. Prices of spare parts fell, while prices of service work stagnated. Detailed information, including y/y comparison...
read moreIrisbus Iveco plans to expand production in Czech Rep for urban low-floor buses
April 18, 2011 | 04:05am CEToriginalThe Czech plant will open a new hall and create hundreds of jobs. The planned investment, the impact on production in Italy...
read moreSaab received approval from Swedish government to sell its property
April 18, 2011 | 03:46am CEToriginalValue of the loan from the EIB will then fall from EUR 400 million to EUR 280 million. The carmaker also plans to sell its factory in Sweden to the hands of...
read moreShape opened its first European plant in Czech Rep
April 4, 2011 | 02:51am CEToriginalThe reason is better customers’ satisfaction in Europe. Location, character and capacity of production, the gradual increase in production, HR, seeking local suppliers...
read moreCar prices in Czech Rep fell by 0.3% m/m in February
March 28, 2011 | 03:09am CEToriginalNew cars became cheaper, used cars remained on the January prices. The prices of spare parts and repair works increased. Detailed information, including the y/y comparison...
read moreVolvo Car aims to invest up to USD 11 billion by 2015, large amount in China
March 10, 2011 | 12:24am CEToriginalThe carmaker is going to build its first plant there and is considering other. Investment financing, other regions of interest, projected sales growth...
read moreEC is allegedly investigating unfair agreements between truck manufacturers in Europe
March 7, 2011 | 10:39pm CEToriginalThey should relate not only to prices, but also to delivery dates. It is said that the cartel was announced by the German company...
read moreCar prices in Czech Rep down by 0.1% m/m in January
February 16, 2011 | 05:19am CEToriginalNew cars remained on the December prices, used cars became cheaper. The prices of spare parts and repair works increased. Detailed information, including y/y comparison...
read moreEP approved CO2 levels for vans until 2020
February 16, 2011 | 05:04am CEToriginalAt the same time, MEPs have approved penalties for excessive emissions and bonuses for green cars. Details of the new legislation...
read moreIIR holding E-mobility conference in Prague in late March
February 14, 2011 | 02:59am CEToriginalThe first annual event will focus on the development of e-mobility in the Czech Republic, pilot projects and visions, examples from abroad. The speakers...
read moreCzech government aims to establish limits of fuel consumption for cars purchased by authorities
January 24, 2011 | 05:07am CEToriginalIt has prepared limits of consumption for each performance category and types of fuel. Details of forthcoming conditions for tenders, the relevant authorities...
read moreCzech Republic to join project of emergency calls from car eCall, Transport Ministry announced tender
January 21, 2011 | 01:05am CEToriginalThe value of the contract, deadline for applications, target of the EU, the consequences for countries that will not join the system...
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