Slate, the new electric vehicle startup, is focused on launching an affordable $20,000 truck without the complex manufacturing process of gigacasting. This method, which involves using molten metal to create large car parts and was popularized by Tesla, is not necessary for Slate, as the company claims its other cost-saving measures are sufficient. Slate aims to create a simpler product for the market, catering to consumers seeking affordable electric vehicles amid a landscape dominated by expensive luxury models.
Slate believes that its existing cost-saving strategies, which significantly enhance the affordability of its upcoming $20,000 truck, negate the need to adopt gigacasting.
Gigacasting, pioneered by Tesla, facilitates the creation of complex metal components via High-Pressure Die Casting, potentially streamlining production and reducing parts count.
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