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Babcox Media Announces Leadership Evolution with New Executive Appointments
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By shelitaauto
Source: Gasgoo
link hidden, please login to view According to Bloomberg, South Korean battery manufacturer LG New Energy has called on the European Union to reduce energy costs and develop the EU battery industry amid fierce competition with China’s battery industry.
Image Source: LG New Energy
Due to weak global demand for electric vehicles, LG NEV’s plant near Wroclaw, Poland, has been running at about 50 percent capacity utilization since the beginning of this year.
LG New Energy revealed that at present, Chinese electric vehicle battery and electric vehicle manufacturers are expanding their influence in the European continent, while the European Union is also planning to implement stricter carbon emission regulations. Eu governments should therefore prioritize providing affordable electricity to key growth sectors, such as the manufacturing of electric vehicle batteries.
Yong Girl Lee, head of external relations at LG New Energy, said that if Poland wants to build an advanced battery industry, it needs to provide the industry with affordable electricity.
However, the Polish government prefers to insulate households, rather than industry, from high electricity and gas prices. Poland has one of the highest electricity prices in the European Union because of its reliance on coal-fired power, which also increases carbon emissions.
At present, LG New Energy is adjusting to the weakness of the electric vehicle market. The company plans to start producing more affordable lithium iron phosphate energy storage batteries from 2025 and LFP batteries for cars from 2026. Yong Girl Lee said that the capacity utilization rate of LG New Energy Poland plant will start to rise from the second half of next year, of which car battery production still accounts for the vast majority of the factory’s total output.
In 2023, exports from LG New Energy Polish plant accounted for 3% of Poland’s total exports. The plant will need to use about 1 terawatt hour of electricity per year, which can be purchased either through direct agreements with renewable energy producers or on the market.
LG New Energy Poland wants the Polish government to allow companies operating within its 14 special economic zones preferential access to affordable green energy, especially as electricity usage will grow with the rise of automation and the expansion of data storage.
If Poland cannot guarantee priority access to electricity for battery companies, then EU companies may face many difficulties in competing with Chinese companies. At the same time, the European Union is also working on new battery regulations that are expected to impose stricter carbon emission requirements on battery manufacturers.
“Chinese battery manufacturers are globally competitive, which is why the EU needs to act quickly,” Lee said. The battery industry is very important and strategic, and the Polish government needs to think about how to protect it.”
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By APF
Advance Auto Parts today announced with their Q3 release a new strategic plan that includes a reduction in U.S. footprint:
Store operations Reduction in U.S. asset footprint - closing 523 Advance corporate stores, exiting 204 independent locations, and closing four distribution centers. Standardization of store operating model and improving labor productivity. Acceleration in pace of new store openings. Merchandising excellence Strategic sourcing to improve first costs and bring link hidden, please login to view to market faster. Assortment management to enhance availability of link hidden, please login to view. Pricing and promotions management to improve gross margin. Supply chain Consolidation of distribution centers to operate 13 large facilities by 2026. Opening of 60 market hub locations by mid-2027. Optimization of transportation routes and freight to lower costs and improve productivity.
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By Counterman
Auto-Wares announced the hiring of James Bannister as the company’s new director of training. The company said he will lead training efforts and focus on empowering employees and customers through comprehensive learning and development programs. Auto-Wares added Bannister’s role is essential in ensuring its teams across stores, warehouses, and corporate functions have the skills, knowledge, and tools needed to meet Auto-Wares’ strategic goals.
According to the company, Bannister brings over 20 years of experience in leadership and process optimization. His career spans roles in operations and training.
link hidden, please login to view added that he’s known for crafting innovative training programs that drive growth and develop teams across industries, including Fortune 500 companies. After starting his career as a technician and achieving ASE Master Certification, Bannister has also worked as a technical product specialist, shop foreman and operations manager.
link hidden, please login to view emphasized he has consistently demonstrated his ability to lead, mentor and develop impactful training programs, backed by his Automotive Technology degree from Lincoln Technical Institute. The post
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By Counterman
Mevotech announced the release of 239 new part numbers, featuring TTX front lower forward control arms for police vehicles. The company said the parts are engineered for late-model Ford Explorer and Ford Police Interceptor Utility vehicles. A news release from
link hidden, please login to view explained the parts come with three exclusive patented technologies to withstand severe conditions, including high heat and heavy loads. A full replacement kit of Repel-TEK coated hardware—including the frame bolts—is supplied to speed up installation, the company said.
link hidden, please login to viewadded that it is releasing 40 additional products, including parts for late-model Ford pickups and SUVs, such as ball joints from the Supreme and TTX lines, as well as TTX inner tie rod ends. Key release highlights, according to Mevotech, include:
2024-2020 FORD EXPLORER 2023-2020 FORD POLICE INTERCEPTOR UTILITY CTXMS401286/CTXMS401287
Front L/R Lower Forward Control Arm
Patented greaseable and self-lubricating sintered Dynamic Control Bearing optimizes service life and increases durability. Exclusive patented Bi-Metallic technology allows sintered bearings to be used in unitized aluminum control arms. Patented locking multi-lipped dust boot design seals out contaminants and protects internals. Added knurling to the bushing sleeve improves retention to the vehicle frame. Repel-TEK anti-corrosion coated hardware, including vehicle frame bolt, makes installation quick and easy. 2024-2021 FORD F-150
TXMS40554 Front Upper Ball Joint
Patented greaseable and self-lubricating sintered Dynamic Control Bearing and Directional Bearing optimize part life and durability. Patented locking multi-lipped dust boot seals out contaminants. Entire part is protected by Repel-TEK anti-corrosion formula. Repel-TEK anti-corrosion coated hardware included makes installation a snap. 2023-2021 FORD BRONCO
TXMS40560 Front Upper Ball Joint
Patented greaseable and self-lubricating sintered Dynamic Control Bearing optimizes part service life for vehicles often used as working trucks. Patented locking multi-lipped dust boot prevents contaminant ingress. Thicker housing flange improves part strength. Repel-TEK anti-corrosion formula protects entire part and hardware. 2024-2021 FORD F-150
2024-2022 FORD EXPEDITION TXMS40785
Front Inner Tie Rod End
Enhanced bearing material improves part strength and longevity. Included jam nut, dust boot and dust boot clamps ensure a complete install. “Zip-tie” style rack end clamp enables a quicker fitting. Repel-TEK anti-corrosion coating on entire assembly makes future alignments easier. Pre-applied thread locking compound reduces assembly time Additional application: 2024-2022 Lincoln Navigator. 2023-2020 FORD RANGER
MS40564 Front Lower Ball Joint
Greaseable and self-lubricating sintered bearings replace OE-style plastic for increased durability. Upgraded multi-lip boot design wicks away contaminants and protects internals. Bootstaller tool enables precise and secure fitting in three easy steps. Entire part, hardware and bootstaller are anti-corrosion coated to extend service life. The post
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