Slate Auto will start taking orders for its low-cost electric vehicle on June 24, with first deliveries expected late this year. Prospective buyers received emails encouraging reservations now ahead of preorders starting next month, aiming to secure a delivery window before non-reservers. The company has not announced the starting price, though it previously indicated final pricing would be revealed in June. Earlier claims of “under $20,000” relied on a $7,500 federal tax credit that was later eliminated, and the company now says the vehicle will start in the mid-$20,000 range. The EV concept has attracted over 160,000 refundable $50 reservations. A new CEO was appointed in March, and the company has raised substantial funding to support production and shipping.
"Slate Auto, the electric vehicle startup backed by Jeff Bezos and LA Dodgers owner Mark Walter, has announced that it will officially start taking orders for its low-cost electric vehicle on June 24, ahead of the first deliveries late this year."
"The company sent out emails to prospective buyers on Thursday that encouraged them to make a reservation now ahead of "preorders" starting next month, in order to get a "delivery window before non-reservers.""
"Slate still has not announced the starting price for its EV, though. Previously, Slate said it would reveal final pricing in June. The company did not immediately respond to a request for comment."
"More than 160,000 potential customers have made refundable $50 reservations with the startup since it revealed the EV last year. As other EV startups have shown over the last decade, though, it is not easy to convert reservation holders to actual customers."
#electric-vehicles #ev-reservations #pricing-and-preorders #startup-funding #automotive-manufacturing
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]