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RBW EV Cars and Spirit EV Hire NASCAR Veteran Peyton Sellers to Lead U.S. Operations

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As a Two-Time National Champion of NASCAR’s Late Model Stock Car Series, Sellers Brings to RBW and Spirit EV Nearly Two Decades of Auto Manufacturing Experience

LONDON and DANVILLE, Va., Nov. 7, 2024 /PRNewswire/ — RBW EV Cars – the U.S. and UK’s only EV manufacturer of new, hand-crafted British classic sports cars, and Spirit EV, a specialized EV company that designs, builds and integrates EV systems for new and classic cars, today announced at SEMA 2024 (booth #24515) in Las Vegas, Nev., the hiring of Peyton Sellers as its first Director of U.S. Operations. Sellers brings to RBW and Spirit EV a wealth of automotive and racing experience, most recently as a long-time business owner that operates large-scale assembly of special commercial vehicles and as 2-time NASCAR’s® Advance Auto Parts Weekly Series Division I Champion. Under his position, Sellers will manage RBW’s new U.S. factory and manufacturing team, which will produce the new left-hand drive RBW Roadster and GT models, including the assembly of EV system units for U.S. based Spirit EV customers. Mr. Sellers’ hire comes at pivotal time for the burgeoning worldwide auto manufacturer with the forthcoming opening of its first overseas factory in the U.S. state of Virginia, followed by the recently announced EV services company, Spirit EV.

Peyton Sellers’ interest in automobiles came at an early age when he began racing go-carts at the age of seven and moved up the ranks to start his first stock car race at the age of fifteen. From that point on, Peyton has won numerous races, championships and holds a place in the NASCAR Hall of Fame for two Late Model Stock Car National Championships. Peyton still competes at a regional level in Late Model Stocks and just won his seventh championship title at South Boston Speedway in Virginia.

In addition to his passion for racing, Peyton has been assembling vehicles for many years. This includes custom builds for business clients across the U.S. as well as large scale production assembly at his own company. Peyton’s knowledge of automotive assembly, including his local business and government relationships were key to RBW’s international expansion into southern Virginia.

“Over the past several years there has been a growing trend surrounding customers preferring their vehicles have EV systems in place of gasoline powered engines, which positions RBW EV Cars and Spirit EV in a unique position to capitalize on this market demand.” said Peyton Sellers, Director of U.S. Operations for RBW EV Cars and Spirit EV. “I’m truly excited to be joining two family-run, trendsetting EV brands that will undoubtedly be a catalyst for further economic and manufacturing growth in southern Virginia.”

Launched last month, Spirit EV is a fully compliant EV design, testing, and production company. It allows businesses to outsource any part of their EV project or the entire process, offering expertise from initial development to production. Spirit EV’s engineering team treats each project as a unique, custom piece of art, thanks to the specialized level of customization required for electrification.

Spirit EV engineering programs will target REG 100 approval working within an ISO 9001 quality environment enabling faster project completion. By partnering with Spirit EV, clients can save up to 70% in time and cost for their EV projects. The Spirit EV Automotive Development Programme offers a structured development process, from prototype builds to manufacturing in the UK and U.S., with after-sales support included. To learn more, visit www.spiritev.com.

RBW presently offers its Roadster model with a starting price of $139,000 (USD) and its long-awaited GT model, with a starting price of $151,000 (USD). As part of RBW’s customer experience, inquiring buyers can configure their personalized RBW Roadster and GT by visiting the build your own page on the company website. Online configuration options include paint color, rooftop, interior, wheel style, etc. The RBW website is also available in multiple languages. To inquire about purchasing one, please visit RBWEVCars.com or contact by phone at: +44 01543 897013.

About Spirit EV 

Spirit EV, led by automotive industry veteran Neil Heslington, is a specialized EV design, build and integration company offering its proprietary EV powertrain system. Based in the UK’s Midlands Growth Corridor with a U.S. factory opening in Danville, Virginia in 2025, Spirit EV provides car builders the ability to outsource parts or entire EV projects, while ensuring compliance and safety.

About RBW EV Cars
RBW Sports & Classics Ltd., (RBW EV Cars) is the manufacturer of new, handcrafted classic British sports cars that are powered by a rear-mounted electrified powertrain.  Built entirely new from the ground up, RBW’s Roadster and GT models are assembled at the company’s new state-of-the-art factory located in England’s advanced manufacturing zone, known as the Midlands Growth Corridor. Its Roadster and GT models, which are currently for sale, offer the quintessential British experience by combining the vintage appeal of one of the most iconic sports cars in the world from the 60’s and 70’s, with the modern luxuries and technologies you’d find in a present-day EV. Founded in 2017 by Peter Swain, RBW received its first venture funding in 2023. For more information, visit rbwevcars.com.

NASCAR® and its marks are trademarks of the National Association for Stock Car Auto Racing, LLC.

Media, Investor and Analyst Contact:

David Splivalo
Head of Global Communications
RBW EV Cars
DavidSplivalo@RBWEVCARS.com

Photo – https://mma.prnewswire.com/media/2551822/Peyton_Sellers.jpg

View original content:https://www.prnewswire.co.uk/news-releases/rbw-ev-cars-and-spirit-ev-hire-nascar-veteran-peyton-sellers-to-lead-us-operations-302299159.html

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How the Top 10% of CTOs Drive Meaningful Business Growth

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32 mins ago

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November 8, 2024

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Only a shocking 10% of CTOs will drive value for their organizations, according to a recent Forester prediction. By understanding how the top 10% of CTOs have reshaped their role, this article discusses how aspiring trailblazers can shift their perspectives and priorities to join the elite ranks of tech leaders.

SAINT PAUL, Minn., Nov. 7, 2024 /PRNewswire-PRWeb/ — Forrester experts have made a prediction that should be a resounding wake-up call for tech leaders: only 10% of CTOs will actually drive business growth. For the other 90%, the risk is clear—CTOs who fail to demonstrate their value will quickly be replaced by ones who can.

Elite tech leaders serve as thought leaders and pioneers within their own field. As such, the top 10% of CTOs today focus on claiming competitive advantages through the use of emerging technologies. – Inkit CEO Michael McCarthy

What exactly defines this new breed of tech leader, and what are these elite CTOs doing differently to drive growth? Here are the three essential practices that differentiate the good from the great CTOs today.

They Focus on Scale

Successful CTOs align their strategies with overall business goals, using automation and integrated technologies to scale other departments. By implementing centralized tools that standardize data, unify analytics, and automate tedious processes like lead scoring, follow-ups, relationship management, and contract management, elite CTOs are empowering RevOps, sales, and marketing teams to optimize every step of the sales funnel, reach more potential leads, and close deals faster.

However, for the top 10% of CTOs, successfully driving growth is not a solo endeavor. They know that leadership buy-in determines future outcomes for any digital transformation initiative.

They Work Closely with Other CxOs

According to Gartner, by co-leading initiatives with their fellow CxOs, CTOs are twice as likely to meet or exceed expected ROIs for digital technology investments. This involves creating cross-department teams that share responsibilities for technology rollouts, pool resources, and lend vertical-specific knowledge to ensure the most efficient and valuable outcomes. Co-leadership structured engagements also have the potential to uncover new areas for improvement and enhance organizational collaboration and culture.

While working with CxOs unlocks new opportunities within these non-tech domains, elite tech leaders serve as thought leaders and pioneers within their own field. As such, the top 10% of CTOs today focus on claiming competitive advantages through the use of emerging technologies.

If There’s New Tech, They’re Already Using It

Another prediction from the Forrester report indicates that enterprise AI initiatives will boost productivity and creative problem-solving by 50% in 2024. Similarly, Generative AI has become a popular tool to simplify user interfaces and serve as a digital assistant within complicated tools. CTOs are hurrying to adopt AI before their competitors, and businesses today are quick to announce their implementation of next-gen technologies that claim to improve their products with new, dazzling features—but the top 10% of CTOs have assessed these new technologies well before the rest.

Document generation (i.e., DocGen) and digital signatures are another technology on the radar for many top CTOs. Regarded as a vital tool for automating digital workflows, DocGen empowers organizations to create, share, sign, and retain documents at scale. DocGen tools also help CTOs to automatically meet compliance requirements for security, data privacy, and retention policies across the entire organization with minimal training required.

Finally, for CTOs in retail, finance, cryptocurrency, and logistics, blockchain and Internet of Things (IoT) technology allow for secure, autonomous machine-to-machine transactions that reduce operational complexity and open new avenues for innovation in smart automation.

Join the Elite CTOs Driving Business Growth

Top CTOs drive growth by strategically aligning advanced technologies with business goals through cross-functional teamwork. By evaluating emerging technologies like Generative AI, document generation, automation, and more, the top 10% of CTOs are successfully accelerating the pace of growth, innovation, and collaboration for their organizations.

About Inkit

Inkit is the only Secure Document Generation (SDG) software that allows users to generate, sign, and retain documents in total privacy. Scale your workflows using our DocGen automation solution to create documents and forms using custom templates and data sources with our API. Elevate the security of your legally-binding documents with digital signatures. Protect agreements with advanced encryption and authenticity certificates to streamline processes and ensure peace of mind. Get the privacy and automation your team needs to optimize records management and compliance. Create disappearing documents that automatically expire based on predesignated parameters. Connect seamlessly with your favorite apps to generate Microsoft Word, PowerPoint, Excel, PDF, and HTML documents. Experience an all-inclusive solution for ultimate file control and security. Inkit is privately owned and headquartered in St. Paul, Minnesota, with offices in San Juan, Puerto Rico, and Washington, D.C.

Media Contact

Patrick Lethert, Inkit, 1 8008995773, patrick@inkit.com, https://www.inkit.com

LinkedIn

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LG Energy Solution to Supply Next-Generation 4695 Cylindrical Batteries to Rivian

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32 mins ago

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November 8, 2024

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Supply agreement will last over five years and total 67GWh.4695 cells, offering a long range and high safety, will be produced in the U.S.Batteries will power Rivian’s R2 model for the North American market.

SEOUL, South Korea, Nov. 7, 2024 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced that LG Energy Solution Arizona, a fully owned subsidiary of LG Energy Solution, has signed a supply agreement with Rivian, a U.S.-based automotive manufacturer.

Under the agreement, LG Energy Solution will provide Rivian with its advanced 4695 cylindrical batteries for over five years, totaling 67GWh.

With a diameter of 46mm and height of 95mm, the next-generation 4695 cylindrical battery is recognized for offering both a long range and high safety. It features over six times the capacity of the existing 2170 cylindrical batteries. Its larger size enables higher energy density, improved space efficiency, and enhanced safety, which is attracting industry-wide attention.

Within the first year of production, the batteries will be eventually manufactured at LG Energy Solution’s stand-alone plant in Arizona, and delivered to Rivian’s facility in Normal, Illinois, for use in the R2 model for the North American market.

LG Energy Solution has been advancing its cylindrical battery technology over the past 20 years, supported by its extensive manufacturing experience and broad patent portfolio.

The supply agreement with Rivian is expected to further strengthen LG Energy Solution’s presence in the U.S. market and its plans to actively respond to the IRA by developing and supplying competitive battery cells in a timely manner while expanding into new markets.

Given the strong interest from automakers in its 46-series cylindrical batteries, LG Energy Solution also expects to extend its leadership in this growing sector.

“Due to the dynamic nature of the current EV market, an increasing number of global automakers are demonstrating a strong preference for a diverse range of battery form factors,” said David Kim, CEO of LG Energy Solution. “This large-scale order from Rivian for 4695 batteries marks a key milestone for LG Energy Solution in expanding its client base within the cylindrical battery segment.”

About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

View original content:https://www.prnewswire.com/news-releases/lg-energy-solution-to-supply-next-generation-4695-cylindrical-batteries-to-rivian-302299455.html

SOURCE LG Energy Solution

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PayrollOrg’s Chapter Leadership Summit to Equip Payroll Chapter Leaders with Tools for Success

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2 hours ago

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November 7, 2024

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LAS VEGAS, Nov. 7, 2024 /PRNewswire/ — PayrollOrg (PAYO) will provide local chapter leaders with the essential tools and guidance they need to ensure the ongoing success of their chapters at the Chapter Leadership Summit, November 7 – 8 in Las Vegas, Nevada.

“Supporting our chapter leaders is crucial to the growth and sustainability of local chapters,” said Dan Maddux, executive director of PayrollOrg. “The Chapter Leadership Summit is designed to not only provide practical tools and strategies but also foster a strong network of motivated leaders who can inspire their teams and communities.”

Participants will have the unique opportunity to connect with fellow leaders, exchange ideas, and develop strategies to motivate their chapter members. Tailored educational sessions will offer specialized training on critical topics such as fiscal responsibility, general chapter operations, and event planning. These sessions will be led by guest speakers with expertise in chapter management and leadership development.

The conference will be held at MEET Las Vegas in downtown Las Vegas. Visit PAYO online to view the full conference agenda. The event is sponsored by Wisely by ADP.

PayrollOrg is the leader in payroll education, publications, and training. Visit PAYO online at www.payroll.org.

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SOURCE PayrollOrg

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