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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
Special Events
GENEVA: Skoda Fabia RS: Hatchback and wagon, 1.4 TSI engine (132 kW), lights with LEDs
March 2, 2010 | 01:46am CEToriginalThe sport chassis has been newly given the XDS electronic control system of differential unity. Sales will begin in...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Volkswagen to invest EUR 500 to 600 million in Slovakia between 2009 and 2011
March 1, 2010 | 07:47am CEToriginalOne half will go to the new model range. In 2012, the production capacity in Bratislava will rise from the current 1,200 cars/day to...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: TPCA expects production growth in 2010
March 1, 2010 | 12:34am CEToriginalThe company increased its production capacity, accelerated the tact time, and is also able to cover the increased demand from parent carmakers by extra shifts...
read moreDealers in Czech Rep: Skoda Superb Combi is successful, interest to further grow
February 28, 2010 | 11:37pm CEToriginalDealers are not much aware of the facelifted models Fabia and Roomster, details are expected in mid-March...
read moreSkoda Fabia and Roomster facelift: Production and sale from April, orders to begin in March
February 24, 2010 | 12:34am CEToriginalThe 1.2 TSI engine from Mlada Boleslav was added to the well-established petrol engines; regarding diesel engines, the pump-nozzle system has been replaced by common rail...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Plastika negotiates investor's entry into company
February 17, 2010 | 04:17am CEToriginalGenerally, Tier 2 suppliers’ consolidation is underway at the moment, Tier 1 suppliers consider whom to retain. Plastika returned to profit in 2009...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Crisis did not reduce chance of becoming new supplier of carmaker
February 17, 2010 | 03:39am CEToriginalThe current situation in plants of Volkswagen Group, Volkswagen Slovakia, Kia Motors Slovakia, TPCA...
read moreRenault: From internal combustion engine directly to electric vehicles, no hybrids
February 16, 2010 | 02:12am CEToriginalSuccess of Renault electric cars on the market will be supported Better Place from 2011. Cars with LPG, CNG drives and electric vehicles in the Czech Republic...
read moreESI Global Forum 2010: First year of conference focused on development of prototypes to be held in Munich in May
February 16, 2010 | 12:50am CEToriginalThere will be over 80 case studies presented at the event; the latest news will be presented by...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: New production and progress of R&D not to be in Czech Rep without euro
February 14, 2010 | 11:57pm CEToriginalHowever, due to the budget deficit, the introduction of the euro is being postponed from previously contemplated years 2012 and 2013 to...
read moreMcKinsey & Company: Automotive supplier without strategy for emerging markets will have problems in few years
February 11, 2010 | 02:26am CEToriginalHowever, developed markets now require electric cars and other alternative drives. Car sales in Germany in 2010...
read moreFleet managers of companies: Car ownership can be advantage for large fleets, accident insurance is not necessity
February 10, 2010 | 03:15am CEToriginalUnlike an operating lease, a company can quickly respond to changes in the number of employees, turnover, changes in management as well as their rotation...
read moreAlternative drives have not taken hold in fleets of companies yet
February 10, 2010 | 01:30am CEToriginalRegarding CNG, companies are waiting for more filling stations, and with electric vehicles there is a problem with batteries. However, the Toyota Prius hybrid, which is already used by companies, is gaining ground...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Avia to enter other continents, to present green technologies
February 9, 2010 | 03:18am CEToriginalThe company will set up a representation in North and South America, North Africa and the Middle East, and is considering an assembly plant in Russia. CNG, electric and hybrid drive...
read moreSkoda Auto at time of crisis: To enter new markets, expand range of models, localize production abroad
February 9, 2010 | 02:56am CEToriginalThe carmaker is subsequently introducing the CKD manufacturing in all its foreign plants. However, there is a delay in Ukraine...
read moreINSURANCE BUSINESS CZ & SK 2009: Decline in car insurance being compensated by other types of non-life insurance
February 8, 2010 | 11:55pm CEToriginalThese include insurance of D&O, business interruption, photovoltaic projects, and ability to repay. The development of the global market and outlook for 2010...
read moreINSURANCE BUSINESS CZ & SK 2009: Entry of insurance company Mitsui Sumitomo Insurance on Czech market being delayed
February 8, 2010 | 01:10am CEToriginalThe Japanese insurance company focuses on non-life insurance in Europe. In the Czech Republic, MSI will begin operate in...
read moreRenault to introduce at least one new product in Czech Rep every month in H1
January 28, 2010 | 01:22am CEToriginalFluence, Megane RS, EDC transmission, new Master, Traffic facelift, Dacia Duster will be concerned. The carmaker will introduce Megane CC and a new small cabriolet in Geneva...
read moreIIR hold professional training Certified Fleet Manager in Prague in mid-February
January 26, 2010 | 01:29am CEToriginalThe training will address financing, purchase, costs, Car Policy, outsourcing, insurance, and technologies. The training will be carried out by representatives of companies...
read moreSales and market share of Nissan up in Czech Rep and across Central Europe in 2009
January 25, 2010 | 03:46am CEToriginalSuccessful crossover Qashqai will pass through a facelift this year and will get a smaller sibling Juke. These and other innovations are to help in 2010—to increase sales in the region by...
read moreKia Sportage: Third generation to be introduced in Geneva, production to be started in Zilina in June
January 25, 2010 | 03:32am CEToriginalRecently launched production of the sister model Hyundai ix35 and increasing deliveries to Hyundai’s Czech plant increase production of engines in Zilina...
read moreINSURANCE BUSINESS CZ & SK 2009: CNB: Trend of increase in number of insurance entities from EU/EEA continues
January 21, 2010 | 01:35am CEToriginalThese are mainly entities operating on the non-life insurance market. Their current number...
read more2010 NAIAS: Detroit Motor Show to focus on electric, hybrid and small cars, 60 novelties to be presented
January 15, 2010 | 03:25am CEToriginalIt is being expected that by 2013 the proportion of smaller cars on the total US sales will rise from 32% (in 2009) to...
read moreFaurecia centralizes separate productions of car components
December 15, 2009 | 02:10am CEToriginalIts Czech plant in Pisek has terminated production of plastic interior components, but production of exhausts will grow up here next year…
read moreHR MANAGERS’ MEETING 2009: Not brains but production workers to be missing in Czech Rep
December 15, 2009 | 12:37am CEToriginalTo educate employees and invest in them pays off nowadays because people do not leave companies but managers…
read more
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