Industry
Bezos-backed Slate Auto bets on ultra-low-cost electric pickup priced under $20,000
U.S. electric vehicle startup Slate Auto is building a presence with an ultra-low-cost electric pickup strategy. It has drawn attention by securing 150,000 reservations, led by a price point under $20,000 and a highly customizable design. The company aims to start mass production by the end of 2026 and is reviewing a former printing plant in Warsaw, Indiana, as a production base. Changes to a $7,500 federal tax credit and management reshuffling are key variables.
