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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
Component manufacturers
Ten Japanese automotive suppliers fined in China for cartel
August 21, 2014 | 11:14pm CEToriginalThe investigated and punished companies, amount of fines, duration of the cartel, affected components, damaged carmakers, investigation in the sale of cars and spare parts...
read moreGestamp wants to build second plant in Czech Rep
August 21, 2014 | 10:55pm CEToriginalThe location considered, size and price of the land, the amount of investment, HR, products, timing, other factories in Central Europe...
read moreHyundai Mobis considers employing more people in new plant in Czech Rep
August 20, 2014 | 10:40pm CEToriginalDetails of the intent, several halls, a new subsidiary, factory management, EIA, shift of production from Korea to the Czech Republic, profile of the first Czech plant...
read moreSkoFIN chose new PR agency
August 18, 2014 | 11:07pm CEToriginalThe winner of the tender and its clients, start of the cooperation, previous partner for PR activities...
read moreYoungsan to build plant in Slovakia, second in Europe
August 17, 2014 | 10:56pm CEToriginalLocation, investment amount, size of the hall, HR, timing, products, clients including Hyundai-Kia, business activities in the Czech Republic...
read moreSaab supplier asked court for declaration of bankruptcy of carmaker’s owner
August 13, 2014 | 05:12am CEToriginalNEVS suspended production of Saab cars in May due to financial problems. The name and profile of the supplier, the amount of the debt...
read moreCEE Automotive Forum 2014: Further 13 speakers to join conference
August 8, 2014 | 01:07am CEToriginalThese are representatives of CLEPA, AutoSAP, PSA, Volkswagen, Skoda, Opel, Ford, AAA Auto, Ernst & Young, Matador, Aufeer Design, Bosal and Item...
read moreMann+Hummel to invest EUR 25 million in Czech Rep by 2016
August 6, 2014 | 11:49pm CEToriginalLocation, timing, details of investments, HR, cooperation with a new personnel agency, clients...
read moreGumotex received new orders from Volkswagen Group
August 6, 2014 | 11:18pm CEToriginalExpansion of the product portfolio, the affected models, volumes, profile of the automotive division, clients...
read moreArval VIP Partner: Arval builds premium supplier network in Czech Rep
August 6, 2014 | 11:08pm CEToriginalConcurrently, it is reducing the number of partners, especially car and tire service shops. Reasons, details, Arval Assistance...
read moreKovolis Hedvikov to expand its plant in Czech Rep
July 31, 2014 | 11:45pm CEToriginalLocation, investment amount, timing, growth of production, HR, business and financial results, products and clients...
read moreGumotex bought Ronson Plastics
July 31, 2014 | 12:19am CEToriginalFinancial results of Gumotex in H1, exchange rate effects, significant growth in the Automotive Division, new contracts for the Volkswagen Group and BMW Group, the investment in the Jaromer plant...
read moreCzech government concluded investment agreement with Hyundai Mobis
July 29, 2014 | 11:33pm CEToriginalThe amount of investment, timing of the construction, start of production, capacity, the amount and types of incentives, HR, two phases of development, products, customers...
read moreWitte Automotive preparing new investment in Czech Rep
July 29, 2014 | 03:52am CEToriginalLocation, details of the facility, reasons of the investments, new business, timing, financial results in 2013, HR...
read moreFederal-Mogul bought large part of Honeywell’s division Friction Materials
July 27, 2014 | 11:42pm CEToriginalHoneywell has retained only the activities in the U.S. – the Bendix brand. Federal-Mogul has acquired several plants, including the factory in Romania. Price, HR...
read moreWitte Automotive took on over 200 people in Czech Rep in H1
July 24, 2014 | 12:18am CEToriginalRecruitment continues, Witte Nejdek needs to fill several dozens of jobs. Reasons, summer jobs for students of technical schools...
read morePneu & Business 2014: Conference on trade in tires to be held in Czech Rep
July 14, 2014 | 11:20pm CEToriginalThe organizer, date, place, 15 presentations, speakers, partners, registration fee...
read moreSpanish automotive supplier wants to invest in Czech Rep
July 13, 2014 | 11:55pm CEToriginalThe considered location, demanded land size for the plant, timing...
read moreBosch to cut 400 jobs in one plant in Europe
July 9, 2014 | 05:56am CEToriginalLocation of the factory with R&D centre, products for cars, reasons, timing, negotiations with unions...
read moreCEE Automotive Forum 2014: Informa holds conference in Czech Rep on automotive industry in CEE
July 9, 2014 | 05:04am CEToriginalSpeakers from ACEA, Ford, CzechInvest, TPCA, Tatra, Suzuki, Qoros, Great Wall, Porsche Engineering, ZF, Bosch, Plastic Omnium or Grammer...
read moreTI Automotive to expand one plant in Czech Republic
July 3, 2014 | 12:08am CEToriginalThe company operates factories in three cities in the country. The location, reasons, the size of the new hall, HR, timing, products...
read moreSGP Sorting Group entered Czech Rep
July 1, 2014 | 11:41pm CEToriginalEight countries covered, sales director for Czech market, HR, outsourcing of quality control of auto parts, clients ranking from suppliers...
read moreHyundai Mobis to build headlight plant in Central Europe, probably in Czech Rep
June 27, 2014 | 01:33am CEToriginalThe location, alternatives, plot size, amount of investment, HR, project timing...
read moreCzech government closed investment agreement with Nexen Tire
June 25, 2014 | 11:57pm CEToriginalPlant size, timing of construction, SOP, capacity, HR, amount of incentives, two phases of development, increased interest of investors in the Czech Republic in 2014...
read moreR.Bourgeois to move its plant in Czech Rep
June 25, 2014 | 01:50am CEToriginalPresent and new location, the size of the hall, the reasons for moving, timing, spot-welding for the automotive industry, clients...
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