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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
Hyundai Motor appointed new head of plant in Czech Rep
April 30, 2014 | 05:45am CEToriginalKim Jun Ha has been charged with a Hyundai plant outside Europe. The new president of Hyundai Motor Manufacturing Czech has become...
read moreCzech galvanizing plant Kozak Svitavy hit by fire
April 28, 2014 | 06:59am CEToriginalLocation, amount of damage, size of the hall, horizon for resumption of production, HR, revenues, clients, planned sheltered workshop...
read moreGestamp wants to increase production in Czech Rep
April 10, 2014 | 12:47am CEToriginalLocation, land acquisition, price, investment amount, HR, planned production volume, timing, clients...
read moreContinental recorded changes in marketing in Central Europe
April 2, 2014 | 12:32am CEToriginalIva Subrtova moved to another department, the new marketing manager for the Czech Republic and Slovakia is...
read moreSmithNovak holds conference Depreciation in Prague on April 24
March 31, 2014 | 11:03pm CEToriginalMajor topics; speakers from Mercedes-Benz Ford, Allianz, Generali, Auto Jarov, Iris Ident, Deloitte, Bosch, Auto Kelly; price, 30% discount for Autofox readers...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreEC launched investigation of automotive exhausts manufacturers
March 25, 2014 | 10:58pm CEToriginalRaids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
read moreVarroc to invest EUR 50 million in Czech Rep by 2016
March 19, 2014 | 11:48pm CEToriginalInvestment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
read moreEC punished five companies for market cartel with automotive bearings
March 19, 2014 | 11:18pm CEToriginalOne company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
read moreHyundai Motor Group wants to expand production in Central Europe
March 19, 2014 | 03:06am CEToriginalThe automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
read moreJTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep
March 18, 2014 | 12:19am CEToriginalThe plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
read moreValeo to expand production in Czech Rep
March 12, 2014 | 11:57pm CEToriginalLocation, new contracts, products, HR, timing, clients, business results...
read moreHalla Visteon Climate Control won new contracts from Volkswagen
March 11, 2014 | 02:18am CEToriginalThese relate to a new platform. Production in the Czech Republic, timing, products of HVCC, other clients and projects...
read moreMahle Behr to expand existing plant rather than building new factory in Czech Rep
March 9, 2014 | 11:26pm CEToriginalLocation, a new hall, HR, timing, clients and contracts, the reasons and circumstances of the investment...
read moreSkoda Auto to buy tires from Nexen Tire
March 4, 2014 | 11:45pm CEToriginalThe South Korean tire manufacturer is a supplier to Hyundai and Kia cars. Contract and supply situation details...
read moreMahle acquired majority stake in Behr
March 3, 2014 | 11:31pm CEToriginalDetails of the transaction, renaming to Mahle Behr, HR, revenues, synergies, cost and investment optimizations in growth regions thanks to new joint factories...
read moreTesla plans to build giant factory for battery production
March 3, 2014 | 01:46am CEToriginalConsidered locations, amount of investment, capacity, HR, timing, cooperation with partners, including Panasonic, upcoming models...
read moreHalla Visteon Climate Control to expand production in Czech Rep
February 19, 2014 | 11:08pm CEToriginalLocation, new hall, the growth of production capacity, products, HR, timing, promotion by agency CzechInvest...
read moreGlobal Safety Textiles prepares production shift from Czech Rep to Romania
February 18, 2014 | 12:23am CEToriginalStock production, motivation of the remaining employees of the Jevicko plant, timing, HR, compensation, the plan with the factory...
read moreHalla Visteon Climate Control to build plant in South America
February 16, 2014 | 11:47pm CEToriginalLocation, size, products, HR, timing, a new plant in Russia...
read moreGrammer to close two of five plants in Czech Rep
February 14, 2014 | 02:21am CEToriginalIt will move production to another factory. The sites concerned, HR, timing, products and clients...
read moreMobility Rent: AZ Mobility launched van rental in Czech Rep
February 13, 2014 | 11:24pm CEToriginalLocation, fleet, prices from CZK 450 excl. VAT, optional extras, introductory offer, microsite, five divisions of the company and their clients...
read moreHirschmann Automotive reorganizes production
February 11, 2014 | 01:48am CEToriginalThis applies to all plants, namely in Austria, Romania, Morocco and the Czech Republic. Shifts in production, HR, products and clients, a new plant in China...
read moreJiri Dufek returns to lead Construct
February 9, 2014 | 11:40pm CEToriginalHe was working in the company manufacturing mechanical car security features for over 15 years, after that he worked at Secar Bohemia offering electronic vehicle security...
read more
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