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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
EU ministers agreed to promote green cars
May 25, 2010 | 11:50pm CEToriginalHowever, some states are pushing solely to promote the production of electric vehicles. Positions of individual countries including the Czech Republic, estimates of the market development...
read moreRieter to expand production in Czech Rep and operate in another place
May 13, 2010 | 01:54am CEToriginalEven in 2010, the company will employ 80 people in Bor near Tachov. Rieter will use a hall of 6,200 m2 for the implementation of a new contract from the German carmaker...
read moreEU imposed provisional anti-dumping duties on Chinese aluminum wheels
May 11, 2010 | 10:59pm CEToriginalThe EC established the duties in response to complaints of the European manufacturers for allegedly unfair competition of the Chinese production, which is used by European carmakers such as...
read morePrices of cars sold on Czech market grew by 0.4% m/m in April
May 11, 2010 | 01:33am CEToriginalUsed cars became cheaper while prices of new cars went up. Prices of spare parts fell but prices of service works grew. Detailed info...
read moreCzech Rep currently not planning incentives for purchases of electric cars
May 7, 2010 | 12:30am CEToriginalElectric cars could be advantaged after the introduction of tolls in the centre of Prague, which will be approved by the newly formed House of Representatives. Electric fleet of the Czech Republic...
read moreCzech state prepared grants for dealing with car wrecks, junkyards require obligation to ecological liquidation
May 4, 2010 | 11:08pm CEToriginalDe-registering an old car is currently available without any proof of liquidation. Operators of junkyards filed a complaint to the EC of legislation of the Czech Republic...
read moreEC: Number of cars to double by 2020 worldwide, electric cars await rapid development
April 28, 2010 | 11:36pm CEToriginalThe EC wants to encourage the green technologies more, to work for the extension of charging stations, to develop rules for providing incentives for purchases...
read moreUOHS cancelled tender of Ceska posta for purchase of vans for CZK 300 million
April 16, 2010 | 12:56am CEToriginalThe reason is are serious mistakes in tender documents. A winner of the tender, A. Charouz appealed against the decision. A new tender...
read morePrices of cars sold on Czech market dropped by 0.5% m/m in March
April 13, 2010 | 01:13am CEToriginalLess expensive used cars became cheaper than new ones. However, prices of spare parts and service went up. Detailed info...
read moreMinistry of Transport continues tightening rules for operation of vehicle testing stations
April 7, 2010 | 11:32pm CEToriginalAfter the electronic surveillance of vehicle testing stations, the resort has now prepared a new bill which refines and tightens up the duties of operators and introduces heavy fines…
read moreProtection of applicants for loans to be increased in Czech Rep as of 2011, Senate to asses bill now
March 10, 2010 | 11:55pm CEToriginalThe new standard should lead to much more responsible leasing and lending. However, a number of consumer credit providers will not be affected by the new Law...
read morePrices of cars sold on Czech market dropped by 2.8% m/m in February
March 9, 2010 | 10:49pm CEToriginalUsed cars marked the price down more than the new ones. Prices of spare parts fell only slightly, service works have stagnated. Details...
read moreEC launched antitrust investigation of manufacturers of electronic components for cars
February 25, 2010 | 11:48pm CEToriginalThe EC has already carried out unannounced inspections in several companies. The investigation focuses on systems...
read moreGroup of several Czech dealers and importers PMG Finance broke up
February 22, 2010 | 03:06am CEToriginalThe fate of individual companies and their activities - AuTec Group, A.M.T. Moravia, A.M.T. Group, A.M.T. mobil, DyCom Group, A.M.T. Defense/AmTec Defense...
read moreEU has not agreed on electric cars’ support
February 22, 2010 | 01:24am CEToriginalMany countries including the Czech Republic are against a single technology support. Environmentalists agree to support the construction of smart electric power networks...
read moreCzech Rep’s proposal: Compliance term extension for light commercial vehicles’ emission limits by a year
February 19, 2010 | 12:46am CEToriginalAt present, the newly produced N1 vehicles to 2.6 tons should meet the CO2 limit of 175 g/km as of 2016. Regarding trucks...
read moreSAP has prepared project AutoAdapt, ministry not willing to grant it
February 16, 2010 | 12:09am CEToriginalThis project focused on the increase of workers’ adaptability in the automotive industry is a follow-up to IQ Auto and IQ Industry. Budget, partners and project’s details...
read moreEIB to provide carmaker Saab with loan of EUR 400 million
February 14, 2010 | 11:11pm CEToriginalThe loan has been guaranteed by the Swedish government on condition that Saab will use it for the development of eco-friendly models...
read morePrices of cars sold on Czech market dropped by 4.7% m/m in January
February 11, 2010 | 02:38am CEToriginalUsed cars became cheaper more than the new ones. However, prices of spare parts and repair work went up. Specific information...
read moreSaab after completion of sale: 9-3 Sport-Hatch, 9-5X and 9-4X off-roads, consideration of 9-1
February 9, 2010 | 01:33am CEToriginalProduction capacity of plants in Sweden and Mexico, start of production of new generation 9-5 and new 9-4X, a possibility of sharing with Spyker...
read moreEC approved loan guarantee for carmaker Saab
February 8, 2010 | 11:25pm CEToriginalA loan of EUR 400 million from the European Investment Bank forms a significant part of the sum needed for the development of Saab cars...
read moreTriHyBus = hydrogen cells + Li-ion batteries + recovery energy: Second prototype will soon come into operation in Czech Rep
February 8, 2010 | 12:54am CEToriginalSuppliers of technologies, operational parameters, price of the bus, hydrogen filling station in Neratovice for passenger cars as well...
read moreSales of Volkswagen Group in Czech Rep fell by 2.6% in 2009, registrations by 12.9%
February 3, 2010 | 08:20pm CEToriginalThe reasons for this difference, sales and registration of individual brands and outlook of Import Volkswagen Group general manager Rudolf Javurek...
read moreGeneral Motors has agreed to sell Swedish carmaker Saab to Spyker
January 27, 2010 | 02:56am CEToriginalHowever, GM will retain the stake in Saab, or more precisely, in the acquiring company Spyker Saab Automobiles. Details of the transaction...
read moreGM, Swedish Government and Spyker have possibly agreed on Saab sales terms, parties denied it
January 25, 2010 | 11:55pm CEToriginalAccording to the interested parties, no decision on Saab has been made so far. Ed Whitacre was confirmed in office indefinitely...
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