California startup Telo Vehicles is on its solution to mass-producing a modular, compact electrical pickup often called the MT1. Following a lately closed $5.4 million funding spherical, Telo unveiled a model new prototype in Los Angeles. The funding spherical will moreover propel Telo into the manufacturing part as soon as the ultimate mannequin of the MT1 is chosen.
The most recent prototype seems practically equivalent to the earlier construct, with a slight change to the aspect indentation location. The MT1 does embody all the identical options as unveiled in 2023, nonetheless, resembling a tunnel storage compartment all through the truck’s width, LCD screens as a part of cut-out plates, and biodegradable materials that makes up nearly all of the cabin.
Telo’s purpose for the MT1 is to maximise utility with minimal space. Therefore, options just like the entrance being fully flat, marketed for city environments. Moreover, the tailgate features a skinny mattress with a folding partition, extending storage size to eight toes when the tailgate is closed.
At the moment, reservations are nonetheless open for the MT1 at $152 a chunk, which occurs to be the identical quantity because the car’s vertical size in inches. The corporate has over 5,000 preorders for the mini-truck, representing over $250 million in buyer dedication.