The government and representatives of the automotive industry have signed a
memorandum aimed at making it easier for Czech Republic-based producers to
develop new technologies and keep step with overseas manufacturers.
Czech Prime Minister Bohuslav Sobotka said that securing the future of the auto industry would have a marked impact on the Czech economy and employment.
The memorandum centres on the areas of electric vehicles, fully and partly self-driving vehicles and digitalisation.
A seemingly innocuous memorandum with an Australian mining company about exploitation and processing of some of the Czech Republic’s biggest lithium reserves is now in the spotlight on the eve of parliamentary elections. Some parties are calling for a special session of parliament to be called so that accusations can be aired.
ANO leader Andrej Babiš has said Trade and Industry Minister Jiří
Havlíček should provide an explanation as to why he signed a memorandum
on a deal enabling the Australian company European Metals Holdings the
right to mine lithium the Czech Republic or else resign.
Babiš described the agreement as „daylight robbery“ saying the privilege of mining the country’s natural resources should go to a Czech state-owned company.
The Communist Party agrees with the argument and has already collected 60 signatures in favour of calling a special session of Parliament on the matter ahead of the general elections.
The Brno International Engineering Fair opens its doors to visitors on
Monday, October 9th. Over 1,600 companies are exhibiting their products
this year with an emphasis on industrial automation.
The strongest representation is from Germany, India, Slovakia and China. The fair, which lasts until Friday, is accompanied by a number of side events such as lectures and seminars.
The ruling Social Democrats and ANO have clashed over the recently signed
memorandum of understanding between the Czech Ministry of Industry and
Australia's European Metals Holdings on a deal that would give the
Australian company the right to mine lithium in Europe’s biggest known
deposit in the north-western part of the Czech Republic.
ANO leader Andrej Babis decribed the agreement as „daylight robbery“ saying the privilage of mining the country’s natural resources should go to a Czech state-owned company.
ANO wants to call a special session of the lower house over the matter, a proposition supported by the Communist Party.
The Czech Ministry of Industry and Australia's European Metals Holdings have signed a memorandum of understanding on a deal that would give the Australian company the right to mine lithium in Europe’s biggest known deposit in the north-western part of the Czech Republic. The main condition of the agreement is that the lithium mined should be processed in the Czech Republic.
Lithium extracted in the Czech Republic near the German border at Cínovec
should be processed in the country according to an agreement between the
ministry of industry and the Australian mining company, European Metals
Holdings. Mining should begin in 2022 the agreement continues.
European Metals says it is prepared to continue talks with the government about the precise processing and uses of lithium.
Lithium is used in batteries and is a key component for electric cars and other uses. The Czech Republic is reckoned to have around 3 percent of the world’s reserves.
Škoda Auto’s mid-range Octavia model was the third most popular model
sold in Europe in August.
It is the first time that a Škoda model has appeared in the top three of the most popular European models. In July, it was the fourth most popular model.
Registrations of new cars in Europe rose by 5.4 percent in August. Volkswagen’s Golf was the most popular model in Europe followed by Renault’s Clio. Octavia sales totalled 15,857 sales during the month.