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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
Median: Czechs appreciate scrap bonus but are not likely to buy new car
June 11, 2009 | 11:52am CEToriginalAlmost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
read moreFuel prices increased by 2.3% m/m in May
June 10, 2009 | 08:33pm CEToriginalAll types of fuel went up compared to April, only LPG became cheaper. Specifically...
read morePrices of cars sold on Czech market became cheaper m/m in May
June 10, 2009 | 06:25pm CEToriginalNew cars and motorcycles became slightly cheaper, used car prices stagnated. Service work and spare parts and accessories...
read moreCar prices in EU fell by 3.1% in 2008, falling in 23 of 27 Union states
June 10, 2009 | 02:31pm CEToriginalPrices in the euro area fell less than in the whole Union. The drop in the Czech Republic amounted to 13%, in Slovakia…
read moreEPS sued BMW and Mitsubishi for information on fuel consumption and CO2 emissions in adverts
June 2, 2009 | 08:09pm CEToriginalIt is said that importers are stating these data in its promotional materials unclearly. The problem, according to the EPS, this problem applies to other brands...
read moreNegotiations on Opel without solution, General Motors closer to bankruptcy
May 28, 2009 | 11:36am CEToriginalFiat and Magna has obtained a status of prospective applicants. The European Commission wants to discuss Opel. The first proceedings will…
read moreKalousek: Scrap bonus initiation is asocial and immoral
May 25, 2009 | 10:45am CEToriginalFinance Minister Eduard Janota agrees with Kalousek but makes reference to...
read moreFinance Minister Janota: Scrap bonus money volume to be CZK 2.5 billion at most
May 24, 2009 | 08:16pm CEToriginalThe scrap bonus launching is now depending on the government. The mentioned amount would according to the selected drive satisfy...
read moreEC allowed three regions to provide subsidies for new CNG filling stations
May 23, 2009 | 11:45pm CEToriginalProviders of LPG filling stations do not like the CNG favouritism. They intend to defend...
read moreCable harness division of concern Alcoa bought by investment fund Platinum
May 21, 2009 | 12:16am CEToriginalPart of the purchase was also the Czech plant Alcoa Fujikura Czech in Stribro. The change of owner will not affect the production, but...
read moreSkoda Auto to produce transmissions into small concern car Up!
May 19, 2009 | 05:34pm CEToriginalThe company will invest over CZK 1.5 billion to the increased production of transmissions. Their production in Mlada Boleslav will then rise to...
read moreTransport vehicle prices fell by 0.5% m/m in April
May 15, 2009 | 09:30pm CEToriginalPrices of the industrial producers decreased by 2.5% y/y in April. Considering the whole year 2009...
read moreHouse of Commons approved scrap bonus, double contribution for eco-cars
May 15, 2009 | 04:45pm CEToriginalThe scrap bonus of CZK 30,000 will be paid when buying a vehicle with petrol or diesel engine. Cars with the alternative drive...
read moreFuel prices rising for third month, increased by 2.5% in April
May 13, 2009 | 08:42pm CEToriginalAn average price of the petrol Natural 95 was the highest for the last...
read moreCOI: Deficiencies found in third of tire and car services
May 13, 2009 | 02:52pm CEToriginalIn all cases, the inspection found a breach of information obligations when the client was not properly aware of...
read moreCar prices sold on Czech market stagnated m/m in April
May 13, 2009 | 02:23pm CEToriginalNew cars and motorcycles have slightly marked up, while prices of used cars slightly decreased. Service work, spare parts and accessories...
read moreEC approved takeover of Czech company Cadence Innovation by Canadian Magna
May 7, 2009 | 06:34pm CEToriginalThis transaction will reputedly not seriously interfere with the economic competition. Only on the plastic bumpers market…
read moreEC: Carmakers to be obliged to issue certificates of conformity to buyers
May 7, 2009 | 05:18pm CEToriginalPurchasing a car abroad should be simplified within the EU. Until now...
read moreEU’s petrol stations to be obliged to have escape steam extractions when tanking up
May 7, 2009 | 03:34pm CEToriginalThis will, among other things, lead to fuel savings. The petrol stations in the Czech Republic will not have any problems with it, because...
read morePecina, head of UOHS: Lesy CR violated law when purchased Audi limousines
May 5, 2009 | 11:07am CEToriginalAccording to Pecina, it is not possible for the enterprise to buy company cars from the importer only because they were offered a discount. The enterprise is now at risk from a fine...
read moreMartin Jahn resigned his membership in government advisory body NERV
May 3, 2009 | 10:11pm CEToriginalThe NERV will thus be nine-member only. Jahn, who supported the scrap bonus initiation during his membership in the NERV, has resigned...
read moreUOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreBendl: Friday unenforced truck drives‘ ban might be offset by higher toll
April 29, 2009 | 07:14pm CEToriginalThe toll increase in some time zones might according to the minister encourage carriers to...
read moreUOHS: Erste Bank can be taken over by Weinviertler Sparkasse in Czech Rep too
April 21, 2009 | 06:27pm CEToriginalThe junction does not raise any serious misgivings about disturbance of economic competition because...
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