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Ford's $5B Gamble: A Model T Moment for EVs?

2025-08-12

Ford is investing nearly $5 billion in a new EV production system and platform designed to bring affordable electric vehicles to market. The first vehicle, a mid-size electric pickup launching in 2027 with a projected $30,000 price tag, will be assembled in Kentucky. A new battery park in Michigan will produce LFP batteries for the truck. Ford's 'assembly tree' system simplifies production, improves ergonomics, and aims for a faster assembly time. The truck, inspired by the Model T, targets Mustang EcoBoost-like acceleration and lower five-year ownership costs than a used Tesla Model Y. This move is a direct challenge to Chinese EV makers known for affordability and quality.

Former Michigan Football Coach Indicted on Hacking Charges

2025-03-21

Matt Weiss, a former Michigan football assistant coach, was indicted on federal charges for allegedly hacking into university computer systems over eight years. He's accused of stealing the identities of over 3,300 student athletes, mostly women, to obtain their private photos and videos. Weiss allegedly gained access by first compromising accounts of university staff with higher-level access, then using that information to break into student accounts managed by a third-party vendor. The indictment details his extensive efforts to track and target female athletes, noting he kept detailed records of his victims. If convicted, Weiss faces a significant prison sentence.