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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
Usage in the company
Toyota Research Institute-Advanced Development, Carmera to create HD maps for automated vehicles using camera data
February 10, 2020 | 11:44pm CETpublicFirst step towards realizing TRI-AD's open software platform concept known as Automated Mapping Platform (AMP), cameras in Toyota test vehicles to collect data over several months from areas of downtown Tokyo, cameras installed in the test vehicles using Toyota Safety Sense (TSS) components...
read moreDXC Technology signed agreement to cooperate on development of BMW self-driving cars
February 10, 2020 | 11:32pm CETpublicTechnologies for the BMW High Performance D3 platform to simplify and accelerate test data analysis as well as streamline machine learning algorithms with the DXC Robotic Drive platform...
read moreEBZ bought Kovovýroba Hoffmann
February 10, 2020 | 11:22pm CETpublicRenaming the firm, maintaining jobs, continuing of Marek Hoffmann in the company, annual turnover...
read moreJet 1 investment fund managed by Jet Investment sold Benet Automotive
February 10, 2020 | 10:57pm CETpublicBuyer and his profile, divestment after two years, acceleration of synergistic effects with Fiberpreg from the portfolio of Czech investment company, clients, sales in 2018, transaction and legal advisors...
read morePorsche Holding Salzburg bought further dealer group in Italy
February 10, 2020 | 10:46pm CETpublicCompany, locations, brands, sales and financial results, previous acquisitions of Eurocar Italia, growth in recent years...
read moreGenuine Parts Company (GPC)'s Alliance Automotive Group (AAG) bought AutoBinck's PartsPoint
February 10, 2020 | 10:34pm CETpublicProfile of the distributor of automotive aftermarket parts and accessories in the Benelux, expected annual revenues...
read moreLear Innovation Ventures (LIV) Possibilities: Lear launched new division investing in early stage technologies throught partnerships with venture capital firms, accelerators, incubators
February 10, 2020 | 10:24pm CETpublicIt will also provide direct capital to start-ups and internal innovation projects. Head of division...
read moreČSÚ: Car prices in Czechia dropped m/m in May 2019
February 10, 2020 | 10:12pm CEToriginalBoth new and used car prices fell. Raising of motorcycle, spare parts and car repair services prices, detailed data, y/y development...
read moreZF, Foton opened joint plant in China
February 10, 2020 | 09:55pm CETpublicLocation, products, vehicle segment, extension of cooperation with subsidiary of BAIC Group lasting since 2016...
read moreRubicon Partners sold Ring Automotive to Osram
December 4, 2019 | 11:47pm CETpublicOsram intends to enter markets in Europe, USA and other regions with the Ring product portfolio. Turnover in 2018...
read moreČSÚ: Car prices rose m/m in Czechia in April 2019
December 4, 2019 | 11:14pm CEToriginalWhile new cars fell in price, the prices of used ones went up. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read moreČSÚ: Car prices rose m/m in Czechia in March 2019
October 23, 2019 | 09:02pm CEToriginalWhile new cars rose in price, the prices of used ones did not change. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read morePanattoni to build joint production plant for Groupe Plastivaloire, Filtration Group in Czechia
October 17, 2019 | 01:17pm CET, updatedpublicLocation, hall size, products, HR, consulting companies involved...
read moreKPMG Autonomous Vehicles Readiness Index (AVRI) 2019: Netherlands, Singapore, Norway, USA, Sweden most prepared for autonomous transportation
October 17, 2019 | 12:27pm CETpublicNorway, Finland, Israel, Czechia, Hungary added to ranking in 2019. New 25-country consumer opinion poll on AVs...
read moreZF to buy Wabco
July 8, 2019 | 12:28am CETpublicPrice, financial and legal advisors, closing the transaction...
read moreKPMG Global Automotive Executive Survey 2019: BEVs to account for 30% of global production in 2040
July 8, 2019 | 12:16am CETpublicBEV will be followed by HEVs, FCEVs and ICEVs. At the same time, most automotive executives are convinced that while OEMs declared themselves responsible for the technological agenda in the past decades, that role is being taken over by the regulator who will set the primary agenda defined by industry policies...
read moreČSÚ: Car prices in Czechia decreased m/m in February 2019
May 23, 2019 | 11:36pm CEToriginalUsed cars shown a greater price decrease compared to the new ones. Price cuts at motorcycles and spare parts, price increases in service works, detailed data, y/y development…
read moreBrisk developed sensors for new Scania engine, launching series production in H2 2019
May 23, 2019 | 11:27pm CEToriginalDetails of the contract, a new hall in Tábor, business and financial results in 2017-2019, investments, other clients and orders, expansion of the portfolio in the Russian factory…
read moreMitsubishi Electric launched construction of integrated starter-generator (ISG) plant for mild hybrids in Czechia
May 20, 2019 | 09:47pm CETpublicLocation, hall size, investment amount, start of production, HR, environmental protection measures...
read moreČSÚ: Car prices in Czechia increased m/m in January 2019
April 11, 2019 | 10:55pm CEToriginalUsed cars became more expensive than the new ones. Increase in motorcycle, servicing and spare parts prices, detailed data, y/y development…
read moreŠkoda Auto produced record more than 300,000 cars in Kvasiny, Czechia in 2018
March 31, 2019 | 10:49pm CETpublicContinuous optimization of production, assembly of Kodiaq on two lines of East Bohemian plant, new multifunctional competence center, start of production of Superb plug-in hybrid...
read moreDXC Technology won orders from Škoda Auto, BMW
March 27, 2019 | 11:35pm CEToriginalExpansion of cooperation with Volkswagen Group, other automotive projects, participation in the Startup Autobahn innovation platform, digital transformation, cyber security, Industry 4.0 in the Box solution, upcoming DXC Digital Experience Lab in Slovakia…
read moreCar of the Year 2019: Jaguar i-Pace EV became European car of year
March 13, 2019 | 03:18pm CETpublicMatching points for two finalists in the first place, winner decision based on first place nominations, results of other models...
read moreAutofox celebrates its 10th anniversary, introducing further innovations and new special offer
March 4, 2019 | 11:00pm CEToriginalBalance, Autofox News expansion with public news, faster and bulkier news, promotional offer with free classified ads, outline of the near future...
read moreCSU: Car prices increased by 0.6% in Czechia in 2018
February 17, 2019 | 10:49pm CEToriginalWhile the prices of new cars increased, the used ones became cheaper. Development at motorcycles, servicing and spare parts, detailed data, development in December...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
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SELECTED ARTICLES
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King Long expands in Europe, established partner for Czech Rep and Slovakia
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EXCHANGE RATES
1 EUR = 1.06 USD
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Source: ECB, November 20, 2024