"The Slate truck is expected to start in the mid $20,000 range. The brand's under $20,000 starting price is lost because of the end of the federal tax credit, but state-level tax credits still exist for a lot of reservation holders. Slate says they're seeing a sizable amount of reservation holders in places that have state-level EV incentives. Lately, it's been hell on wheels for any automaker trying to manufacture a car of any type, let alone an electric car."
"Welp, that only lasted a few weeks, because the price appeared to be contingent on the $7,500 tax credit, which ends in less than 30 days. Now, the advertised price has marched upward to a somewhat vague "mid $20,000" on Slate's website. Still, Slate's COO Jeremy Snyder insists that Slate's actually still going to be ok, despite it all. Why? Because of state incentives."
Slate's electric truck pricing shifted from an advertised sub-$20,000 level to the mid-$20,000 range after the federal $7,500 EV tax credit ended. Slate maintains that the pre-credit base price did not change and highlights the availability of state-level EV incentives that can offset federal credit losses for many reservation holders. The company reports significant reservation interest from buyers in states with incentives. The launch follows manufacturing challenges across the auto industry and presents a stripped-down, affordable EV truck approach with Slate previewing a new factory in Warsaw, Indiana.
Read at InsideEVs
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