"Slate Auto is an aberration in the U.S. EV sector, where bankruptcies, failed product launches, and pivots have become commonplace. Its current backers, executive lineup, first product, and business model provide a compelling path forward."
"Unlike other EV startups, Slate had been working on developing an extremely low-cost electric pickup truck that would start at around $25,000. This truck would be deeply customizable, leveraging the experience of many former employees from Harley-Davidson and Chrysler."
Slate Auto emerged in April 2025, revealing its focus on an ultra-cheap, customizable electric pickup truck. Backed by Jeff Bezos and Mark Walter, the startup operated secretly for three years in Michigan. Unlike many EV startups facing challenges, Slate Auto's unique business model and experienced team offer a promising future. The truck is expected to launch at a starting price of $25,000, with production planned for late 2026. Prototypes have already been spotted, generating significant interest in the automotive industry.
Read at TechCrunch
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