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Ford to follow Tesla Cybertruck with electrical tech in new EV pickup

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Ford to follow Tesla Cybertruck with electrical tech in new EV pickup

A Ford F-150 Lightning next to a Tesla Cybertruck.

Michael Wayland / CNBC

DETROIT — Ford Motor‘s $5 billion “bet” on its next generation of all-electric vehicles will feature a budding technology that Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday.

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The system, known as a 48-volt electrical architecture, had been discussed in the automotive industry for decades but Tesla was the first to bring it to consumers in 2023.

The auto industry has historically used a 12-volt system with a lead-acid battery for all vehicles to power the car’s accessories — but that’s been problematic and caused recalls for many EVs. The new architecture instead uses the EV’s high-voltage battery to power everything.

The 48-volt system improves efficiency, allows for additional electrical bandwidth and saves weight through the reduction of wiring, officials have said. The power also can be “stepped down” to 12 volts, when needed, through the use of new electronic control units, or ECUs, that handle different groups of an EV’s architecture.

The new electrical system is one of many innovations that Ford believes will allow its next-generation EVs — starting with a $30,000 small electric pickup truck in 2027 — to compete against Tesla as well as rapidly expanding Chinese brands in global markets.

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“At Ford, we took on the challenge many others have stopped doing. We’re taking the fight to our competition, including the Chinese,” Ford CEO Jim Farley said during an August event at a plant in Kentucky that will produce the unnamed electric pickup. “For too long, legacy automakers played it safe.”

Farley has called it a “Model T moment” for the company, referring to the company’s flagship vehicle that came out more than a century ago and led to the mass adoption of vehicles during the early 1900s. He’s also called it a “bet” for Ford given the amount of changes it will make to the EVs as well as the company and its processes.

Ford expects the new EVs, which will be based on a common “Universal Electric Vehicle,” or UEV, to have comparable costs to gas-powered vehicles through new technologies and efficiencies. Currently, the massive batteries that power EVs have made them far more expensive to produce and have been infamously unprofitable.

The Detroit automaker has said the new EVs will reduce parts by 20% versus a typical vehicle, with 25% fewer fasteners, 40% fewer workstations dock-to-dock in the plant and 15% faster assembly time.

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“It represents the most radical change on how we design and how we build vehicles at Ford since the Model T,” Farley said at the plant. “Now is time to change the game once again.”

Ford CEO Jim Farley speaks at the Louisville Assembly Plant as the company shares its plans to design and assemble breakthrough electric vehicles in the United States, Aug. 11, 2025.

Courtesy: Ford

Ford said those improvements, as well as price points that are more similar to gas-powered models, will lead to greater adoption of EVs. That’s despite a significant slowdown in U.S. EV sales amid changes to federal support by the Trump administration as well as less-than-expected consumer adoption.

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U.S. EV sales peaked in September, ahead of the federal incentives ending, at 10.3% of the new vehicle market, according to Cox Automotive. That demand plummeted to preliminary estimates of 5.8% during the fourth quarter.

Those market conditions recently led Ford to announce $19.5 billion in write-downs, largely related to a pullback in EV plans, but the company said it will continue to invest $5 billion for its new UEV platform through 2027.

“Our focus has been on giving them everything they would get in a nice vehicle and more, and we think that that will allow us to ultimately not just make an affordable vehicle, but make one that’s extremely desirable,” Alan Clarke, Ford’s executive director of advanced EV development, said during a media briefing.

48-volt system

The 48-volt system provides significant benefits to other parts of the vehicle aside from just the battery and is expected to continue to do so as the bandwidth of 12-volt batteries gets maxed out, according Clarke, a former Tesla executive.

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“It’s less expensive, has smaller wires and is the future of automotive,” he said. “So, if you want to future-protect this platform to exist for more than a decade … it’s very clear that 48 made the most sense.”

Alan Clarke, Ford’s executive director of advanced EV development, during a video presentation on Ford’s Universal Electric Vehicle platform.

Courtesy Ford

Ford said the wiring harness in the new midsize truck will be more than 4,000 feet shorter and 22 pounds lighter than the wiring harness used in Ford’s first-generation electric SUV.

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Tesla CEO Elon Musk sent competitors such as Ford and General Motors a “how-to” guide on developing a 48-volt system in 2023.

Clarke said Ford had already decided on a 48-volt platform before getting the letter but that it “certainly added fuel to the fire” and was a “helpful starting point to see how they thought about” it. It also helped suppliers get ready to assist with 48-volt systems, he added.

Gigacastings

In addition to the 48-volt system, the company on Tuesday released additional details on how it’s achieving its targets with the new EV through aerodynamics, team “bounties” to increase vehicle efficiency and turning to Tesla-pioneered “gigacastings.”

Gigacasting is a manufacturing process that can replace dozens of traditionally small, stamped parts with larger pieces. The process requires massive machines to pressurize large sheets of metal into parts such as a vehicle’s facia or underlying structure.

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Ford said the new pickup will only have two structural front and rear parts compared with 146 such components on its current gas-powered Maverick small pickup.

Ford also said its aluminum castings for the upcoming EV are more than 27% lighter than those features on a Tesla Model Y.

“We’re still on a really steep decline of EV costs, and you can only get that by innovating, and you can only get that by system level, optimizing into what eventually becomes a product that a customer wants,” Clarke said.

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Activist investor targeting Lamb Weston

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Activist investor targeting Lamb Weston

Starboard Value sees greater growth opportunities for the company.

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Understanding the Differences Between Wooden, Aluminium, and Steel Doors

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Understanding the Differences Between Wooden, Aluminium, and Steel Doors

Choosing the right door for your home or commercial property is more than just a matter of style. The material of the door significantly affects its durability, security, maintenance, and overall performance.

Among the most common options are wooden doors, aluminium doors, and steel doors, each with distinct advantages and considerations.

Wooden Doors: Classic Charm with Natural Appeal

Wooden doors have been a staple in construction for centuries, prized for their natural beauty and timeless aesthetic. They offer a warm, inviting appearance and can be easily customized with different stains, paints, and finishes to complement any interior or exterior design.

One of the main benefits of wooden doors is their versatility. Solid hardwoods such as oak, mahogany, or walnut provide strength and longevity, while softwoods like pine offer a more budget-friendly option. Additionally, wooden doors provide excellent insulation, helping to maintain indoor temperatures and reduce energy costs.

However, wooden doors do require regular maintenance. They are susceptible to warping, swelling, or cracking when exposed to moisture, and over time, their finish may fade due to sunlight. In terms of security, wooden doors can be strong, particularly when made from solid hardwood, but they are generally easier to breach than metal doors.

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Aluminium Doors: Lightweight and Modern

Aluminium doors are increasingly popular for modern homes and commercial spaces due to their sleek appearance and lightweight design. They are resistant to rust and corrosion, making them ideal for coastal areas or locations with high humidity. Aluminium doors also require minimal maintenance compared to wood, typically only needing occasional cleaning to maintain their finish.

Another advantage of aluminium doors is their strength-to-weight ratio. They provide a sturdy barrier without the bulkiness of steel, and their slim profiles allow for larger glass panels, which can bring more natural light into a building. Aluminium can also be powder-coated in various colours, offering a wide range of design possibilities.

On the downside, aluminium doors are not as insulating as wood or composite materials. Without thermal breaks, they may allow more heat to escape in winter or enter in summer, potentially impacting energy efficiency. While strong, aluminium doors generally do not offer the same level of security as steel, especially against forced entry attempts.

Steel Doors: Security and Durability Combined

For those prioritising security and long-term durability, steel doors are an outstanding choice. They are engineered to resist impact, forced entry, and extreme weather conditions, making them suitable for both residential and commercial applications. Unlike wood, steel doors do not warp or crack and are less prone to dents or damage, ensuring a long-lasting investment.

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Steel doors also excel in terms of fire resistance and insulation. When combined with insulating cores, they can offer both thermal efficiency and noise reduction, adding comfort to the property. Their robust construction can support advanced locking mechanisms, making them a superior option for high-security environments.

Design options for steel doors have also expanded. Modern manufacturing allows for sleek finishes, realistic wood-effect textures, and a variety of colours, so homeowners need not compromise aesthetics for security. For those seeking top-tier protection and resilience, doors of steel provide an ideal balance of strength, style, and peace of mind.

Making the Right Choice

Ultimately, the choice between wooden, aluminium, and steel doors depends on your priorities. If aesthetic appeal and a classic feel are paramount, wooden doors are an excellent choice. For lightweight, contemporary designs that resist the elements, aluminium doors offer flexibility and style. Meanwhile, for maximum security and long-term durability, steel doors are the most reliable option.

By understanding the key differences, you can select a door that not only complements your property but also meets your requirements for safety, maintenance, and longevity. Each material has its unique strengths, and careful consideration will ensure your investment provides both function and beauty for years to come.

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The 2 Worst-Hit Stocks Since the Iran War Started Drop Again. Why There’s Hope.

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Atai Capital Management Q4 2025 Commentary

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Atai Capital Management Q4 2025 Commentary

Atai (“Value” in Japanese) Capital Management is a long-only, concentrated, unlevered fund run through separately managed accounts (SMAs). They employ a repeatable small-cap-focused value strategy and are based in Fort Worth, Texas. Note: This account is not managed or monitored by Atai Capital Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Atai’s official channels.

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DMO CEF: The 13% Yield Is Limiting The Growth Potential (NYSE:DMO)

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DMO CEF: The 13% Yield Is Limiting The Growth Potential (NYSE:DMO)

This article was written by

Financial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I created a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Trump announces first new US oil refinery in nearly 50 years in Texas

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Trump announces first new US oil refinery in nearly 50 years in Texas

President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas.

Situated in a massive deep-water foreign trade zone, the project will leverage advanced infrastructure and strategic rail and sea connections to transport low-carbon fuels and other energy products.

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“America is returning to REAL ENERGY DOMINANCE!” Trump wrote in an announcement on Truth Social. “THIS IS A HISTORIC $300 BILLION DOLLAR DEAL — THE BIGGEST IN U.S. HISTORY, A MASSIVE WIN for American Workers, Energy, and the GREAT People of South Texas!”

AFR said the facility will generate thousands of construction and permanent jobs, while offering wages that exceed market averages. 

WILL TAPPING OIL RESERVES CURB SOARING GAS PRICES?

America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas.

America First Refining is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. (America First Refining / Fox News)

Partners in India and their largest privately held energy company, Reliance, made a “tremendous” investment in the project, according to Trump.

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AFR also signed a binding 20-year offtake term sheet with the global supermajor.

The company will officially break ground on the new refinery in Q2 2026.

“It is because of our America First Agenda, streamlining Permits, and lowering Taxes, that have attracted Billions of Dollars in Deals coming back to our Nation,” he said. “A new Refinery at the Port of Brownsville, will fuel U.S. Markets, strengthen our National Security, boost American Energy production, deliver Billions of Dollars in Economic impact, and will be THE CLEANEST REFINERY IN THE WORLD.”

“It will power Global Exports, and bring THOUSANDS of long overdue Jobs and Growth to a Region that deserves it,” the president continued. “This is what AMERICAN ENERGY DOMINANCE looks like. AMERICA FIRST, ALWAYS!”

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HOW THE IRAN WAR COULD HIT AMERICANS’ GROCERY BILLS

America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas.

America First Refining is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. (America First Refining / Fox News)

Under the newly signed agreement, 1.2 billion barrels of U.S. light shale oil will be purchased and processed — a value of $125 billion, AFR will produce 50 billion gallons of refined products — a value of $175 billion, and the U.S. trade imbalance will improve by $300 billion, according to AFR.

The refinery is specifically engineered to process American light shale oil (47° API), which is cleaner, more efficient, and less costly to process than heavier imported crude. 

Unlike many existing U.S. refineries that depend on foreign oil, the facility will not require imported crude, which strengthens U.S. national and economic security.

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Key advantages of the facility include the capacity to process ~60 million barrels per year of 100% U.S. light shale oil, a strategic location at a deep-water U.S. port — enabling distribution to domestic and international markets, and the production of some of the cleanest gasoline, diesel and jet fuel refined at scale in the U.S.

AMID IRAN WAR, PRESIDENT TRUMP SUGGESTS SHORT-TERM OIL PRICE SPIKE IS ‘SMALL PRICE TO PAY’ FOR PEACE

America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas.

America First Refining is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. (America First Refining / Fox News)

From 2014 to 2024, the U.S. exported nearly 10 billion barrels of crude, while still importing roughly 28 billion barrels, costing American consumers and workers more than $1.8 trillion. 

Once operational, the AFR refinery will redirect up to 60 million barrels of U.S. crude annually back into domestic refining — strengthening American industry, energy security and economic growth.

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Beyond industrial growth, the company’s website notes it will drive community engagement through educational partnerships and apprenticeships designed to foster long-term social equity and economic stability in the area.

The executive management team collectively has more than a century of experience in the chemical and refining industries, having managed nearly $40 billion in complex capital projects. 

An oil rig in the Gulf of America. (Reuters / Reuters)

“This project represents a historic step forward for American energy production,” said John V. Calce, chairman and founder of America First Refining. “For the first time in half a century, the United States will build a new refinery designed specifically for American shale oil. Thanks to President Trump’s leadership and the resurgence of an America First energy policy, we are creating thousands of high-quality jobs while ensuring more of our nation’s energy resources are refined here at home in the cleanest, most efficient refinery on the planet.”

CEO Trey Griggs added the U.S. has a surplus of light shale oil, but a shortage of refining capacity designed to process it. 

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XOM EXXON MOBIL CORP. 148.12 -2.30 -1.53%

“By building this refinery at the Port of Brownsville, we’re unlocking a major expansion of American energy production while creating thousands of high-paying jobs and strengthening our domestic supply chain,” said Griggs, who previously held top leadership positions at major corporations including Calpine and Goldman Sachs.

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Other key executives bring decades of experience from managing global operations, midstream logistics, and large trading portfolios across industry heavyweights like BP, Shell Oil, ExxonMobil, Vitol and Sunoco Logistics Partners.

The strategic advisory board includes seasoned leaders who have served as CEOs and top executives for companies including CVR Energy, YCI Methanol One and Royal Dutch Shell.

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United Can Ban Passengers Who Play Loud Sounds on Its Flights

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Sydney, Australia

United Airlines revealed an update to its rules, which states that it has the power to ban passengers who play audio or video loudly inside the airplane, especially during flights.

If the plane has not yet taken off the ground, passengers who violate the new rule may be removed by the company and its staff from a flight, so it’s better to bring your headsets, whether wired or wireless.

United Can Ban Passengers Playing Loud Sounds in Flights

United Airlines’ Rules of Transport now has a new clause added by the company which dictates that passengers who are playing loud sounds during flights, whether from audio or video, may be removed from the aircraft at any point.

According to United’s latest update to Rule 21 “Refusal of Transport’s” Clause H (Safety), the airline has the right to refuse a passenger or passengers transport, on either a temporary or permanent basis, if they “fail to use headphones while listening to audio or video content.”

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With this ruling, United staff members now have legal authority to take action against passengers who refuse to turn the volume down or stop watching the content with loud audio.

CNET reported that this rule was added on February 27, and according to a United spokesperson, they have always encouraged customers to use headphones while listening to audio content. The company also added that its Wi-Fi rules also share reminders to customers to use headphones at all times.

United Ban or Removal: Bring Your Headsets

The safest thing to do now is to bring one’s own headsets when flying United or any other airline to avoid running into problems, fights with other passengers, and ultimately, bans from airline companies.

According to the report, passengers may ask attendants or staff for complimentary headphones, but this is subject to availability.

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The United spokesperson also added that this rule update is right in time as the company’s rollout of Starlink satellite internet on its planes has begun, allowing faster internet connections in-flight.

Originally published on Tech Times

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