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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
Scrap bonus got green light in Czech Rep; the House of Commons outvoted President’s veto
September 10, 2009 | 10:43am CEToriginalExactly 101 members have been voting for the law, which was the minimum of votes needed. If the government launches the scrap bonus, it will be valid to...
read moreUOHS re-included company Domansky to Lesy CR tender for 130 off-road cars, and it has won contract
August 27, 2009 | 10:37am CEToriginalOriginal winner, the company Autocentrum Pardubice, failed by a few thousand crowns only. UOHS continues dealing with other controversial tender of Lesy CR...
read moreKoenigsegg agreed with GM to purchase carmaker Saab
August 19, 2009 | 10:43am CEToriginalKoenigsegg will pay a very small amount of money for Saab because it will also take the carmaker’s old debts over. For a fixed period, Saab will share…
read moreCars sold on Czech market increased prices for the first time this year
August 17, 2009 | 07:10pm CEToriginalPrices of new as well as used cars increased m/m in July. Motorcycles became slightly cheaper, service works and spare parts...
read moreSaab sale to group of investors around Koenigsegg getting complicated
August 17, 2009 | 06:29pm CEToriginalOne of the investors has according to the Swedish press withdrawn his previous interest. Moreover, the Koenigsegg Group...
read moreMinistry of Transport closed 16 stations measuring emissions in H1 due to frauds
August 10, 2009 | 08:43pm CEToriginalCheats occur during emission measuring more often than at vehicle testing stations. The central information system proved good but interconnection with…
read moreFlemish government provided guarantees for credit from EIB to Volvo Car for production of new models S60 and V30
July 29, 2009 | 03:46pm CEToriginalAt the same time, the government expressed worries over liquidating Opel’s plant in Antwerp, which is intended by Magna and RHJ, too. Belgium is said to have offered Opel for modernization of the plant…
read moreEC allowed Fiat to take over share in US carmaker Chrysler
July 27, 2009 | 08:22pm CEToriginalThe transaction will according to the EC not interfere with the competition in the European Union, as Chrysler generates 90% of its turnover in North America. Moreover, the carmaker...
read moreCarmakers to be further able to sell cars exclusively at specialized dealers
July 22, 2009 | 10:39pm CEToriginalThe European Commission has proposed the exemption extension for another three years, namely until 2013. In the Czech Republic, the block exemption caused...
read moreFuel prices increased by 5.8% m/m in June
July 21, 2009 | 09:38pm CEToriginalAll fuel types went up compared to May, only LPG became cheaper. Specifically...
read morePrices of cars sold on Czech market stagnated m/m in June
July 21, 2009 | 02:28pm CEToriginalThis applies also to new cars, used vehicles and motorcycles became slightly cheaper. Service work and spare parts and accessories...
read moreEC approved state help for new plant of Daimler in Hungary
July 20, 2009 | 07:48pm CEToriginalDaimler intends to invest EUR 800 million in a new production capacity and to create 2,500 jobs. The state help will have the form of...
read moreEuropean Court of First Instance lowered Peugeot’s penalty for restriction of business practices
July 12, 2009 | 12:21pm CEToriginalPeugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...
read moreKlaus’ veto of scrap bonus condemned by carmakers, praised by economists
July 10, 2009 | 04:33pm CEToriginalAccording to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
read moreKlaus set veto on CSSD's anti-crisis packet including scrap bonus
July 10, 2009 | 01:41pm CEToriginalHis arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...
read moreDiscussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start
July 6, 2009 | 10:48pm CEToriginalTalks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
read morePetrol quality was the best last year in last seven years
July 1, 2009 | 03:15pm CEToriginalParameters were not accomplished by only 1.8% of the samples. The quality of diesel has deteriorated compared to 2007; it was found...
read moreEurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU
June 26, 2009 | 01:17pm CEToriginalThe scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
read moreCzech Senate approved anti-crisis packed including scrap bonus proposed by CSSD
June 18, 2009 | 08:59am CEToriginalAccording to specialists from PwC the scrappage scheme gives advantage to some brands and models only, it will affect future sales and contribute to another decline in used car prices...
read moreFiat obtained EUR 400 million loan from EIB for development of more eco-friendly cars
June 17, 2009 | 12:28pm CEToriginalFiat acquired the credit under the EIB's European Clean Transport Facility focusing on support...
read moreGeneral Motors confirmed Saab sale to small-lot manufacturer Koenigsegg
June 16, 2009 | 07:42pm CEToriginalBoth sides signed a preliminary agreement and the sale should be concluded by the end of Q3. The agreement supposedly contains...
read morePrices of transport manufacturers down by 0.1% m/m in May, up by 0.3% y/y
June 16, 2009 | 05:26pm CEToriginalTotally, prices of industrial manufacturers declined by 3.8% y/y in May which represents the most distinct year-to-year fall since...
read moreUOHS allowed US fund Platinum to take over company Alcoa Fujikura Czech as expected
June 16, 2009 | 12:18pm CEToriginalPlatinum has taken over the Czech producer of cable harnesses for cars by means of a Luxembourg company Project Del Holding...
read moreSpecialists do not like hiring agency staff instead of people dismissed from full-time employment
June 14, 2009 | 11:22am CEToriginalTherefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
read moreEC: Support of US carmakers could harm global trade
June 14, 2009 | 10:20am CEToriginalA confidential report of EC criticizes support of the carmakers General Motors and Chrysler, but also anti-crisis measures in some other states such as...
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