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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
CSU: Prices of vehicle producers decreased by 2.7% m/m in March
April 15, 2009 | 02:55pm CEToriginalPrices of industrial producers in the Czech Republic declined by 2% y/y in March, which is the highest decline since...
read moreCSU: Revenues of dealers and motor cars repairers down by 11.9% y/y in February
April 14, 2009 | 07:15pm CEToriginalSeasonally adjusted sales revenues in wholesale, retail business and car repair points have increased m/m by…
read moreCSU: Motor vehicles production contributed to the y/y industrial production decline the most
April 14, 2009 | 04:37pm CEToriginalScrap bonus in Germany and Slovakia should according to analysts reflect in industrial production by...
read moreCSU: Fuel went up by more than 70 hellers within last week
April 10, 2009 | 02:27pm CEToriginalThe most selling petrol Natural 95 has gone up in 15th week in comparison with the previous week at the average by...
read moreOil price rise marked up the fuel by 2.4% on the Czech market in March
April 9, 2009 | 04:54pm CEToriginalThe fuel at petrol stations in the Czech Republic went up m/m in March, only diesel oil and LPG became cheaper…
read moreCars sold on the Czech market cheaper by 11.8% y/y in March, by 0.4% m/m
April 9, 2009 | 01:45pm CEToriginalNot only prices of the new cars decreased, but also the used cars and motorcycles have become cheaper. Service works, spare parts and equipment…
read moreEIB approved further EUR 866 million loans to EU carmakers
April 8, 2009 | 12:34pm CEToriginalThe European Investment Bank has approved EUR 866 million for EU carmakers to help develop and build cleaner cars...
read moreCSU: Fuel price decreased slightly over week
April 3, 2009 | 04:05pm CEToriginalIn the ending 14th week, the most selling petrol Natural 95 has become cheaper in w/w comparison on average by…
read moreEuropean Parliament calls for energy labels for tyres
April 2, 2009 | 12:36am CEToriginalEuropean Union tyre labels will show fuel-efficiency, safety and noise performance...
read moreEC to provide up to EUR 100 million in funding to ITS Roads projects
April 1, 2009 | 01:49pm CEToriginalThe European Commission has earmarked nearly EUR 1 billion in funding for European infrastructure projects including Intelligent Transport Systems for Roads…
read moreCSU: Fuel cheaper during week, Natural 95 even by 22 hellers
March 27, 2009 | 11:33am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 13th week in comparison with the previous week on average by…
read moreACEA welcomes European Parliament’s call to support Europe‘s auto industry
March 26, 2009 | 08:37pm CEToriginalEuropean carmaker association ACEA expressed satisfaction with EPs’ call for measures to support the automotive industry by...
read moreCSU: Natural 95 up by 15 hellers during week, diesel slightly cheaper
March 20, 2009 | 09:49am CEToriginalThe most selling petrol Natural 95 has become more expensive w/w in the ending 12th week by…
read moreEC allowed Czech Rep three programs for acquisition and renewal of vehicles in public transport
March 17, 2009 | 05:33pm CEToriginalAll three programs will be valid till the end of 2014 and will be supported in total...
read moreFinancial services more expensive by 0.3% m/m in February
March 16, 2009 | 09:06pm CEToriginalPrices of financial services including insurance raised y/y in February, however, the prices stagnated m/m…
read morePrices of transport vehicles producers increased by 2.6% in m/m comparison in February
March 16, 2009 | 04:18pm CEToriginalPrices of transport vehicles producers in February rose in y/y and m/m comparison by...
read moreCSU: Fuel prices falling slightly
March 13, 2009 | 10:48am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 11th week in comparison with the previous week by...
read moreDriving fuel oppose fall of inflation, price down by one fifth y/y though
March 9, 2009 | 11:43pm CEToriginalIn February, driving fuel sold by the filling stations in the Czech Republic became more expensive in m/m comparison, only LPG became cheaper…
read moreCar prices on Czech market down by 11% y/y, by 0.5% m/m
March 9, 2009 | 11:10pm CEToriginalPrices of new cars as well as used cars and motorcycles decreased. Service work, spare parts and accessories…
read moreCSU: Fuel prices lowered during week, Natural 95 down by 18 hellers
March 6, 2009 | 11:24am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 10th week in comparison with the previous week by...
read moreCSU: Natural 95 up by CZK 0.87, diesel price rose slightly
February 27, 2009 | 04:25pm CEToriginalIn the 9th week, the most selling petrol Natural 95 raised its price on average by...
read moreFinancial services rised prices in January, insurance included
February 20, 2009 | 07:52pm CEToriginalPrices of financial services, including insurance in January interannually and month to month…
read morePrices of transport equipment manufacturers stagnated in January
February 20, 2009 | 07:05pm CEToriginalPrices of transport equipment manufacturers stagnated in January at last year’s level. However, according to month-to-month comparison…
read more
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Source: ECB, November 20, 2024