A secretive EV startup with ties by Amazon founder Jeff Bezos goals to construct a low-cost pickup truck, with manufacturing beginning as quickly as subsequent yr, TechCrunch stories.
The corporate, Slate Auto, has been taking form quietly in Michigan since 2022, with roots in an earlier firm referred to as Re:Construct Manufacturing, the report stated, pointing to paperwork and interviews with individuals with information of the corporate.
Slate’s aim is a two-seat electrical pickup at value of round $25,000, TechCrunch reported.
Whereas the price of electrical automobiles has been coming down, it is nonetheless usually costlier to purchase an electrical automobile than one powered by inner combustion. The most cost effective EVs available on the market immediately hover round $30,000, and people are typically smaller automobiles, just like the Chevy Bolt. GM discontinued the Bolt in 2023, however has teased plans to convey it again.
With regards to electrical pickups, these available on the market immediately are removed from that hoped-for $25,000 value vary. Vehicles just like the Ford F-150 Lightning and Rivian R1T can price north of $60,000, and so they include greater than two seats.
The EV market has seen a mixture of automobiles from established automakers and new startups, and startups’ expertise has been combined. Some, like Rivian, have been capable of convey fashions to market and set up some market presence. Others, like Lordstown Motors, have principally simply produced headlines earlier than shuttering.
