An elusive electric vehicle company connected to Amazon’s creator, Jeff Bezos, plans to produce an affordable pickup truck, potentially beginning manufacturing as early as next year. TechCrunch reports .
Slate Auto, which has been gradually forming in Michigan since 2022, traces its origins back to an earlier entity known as Re:Build Manufacturing, according to the report. This conclusion was drawn from reviewing relevant documents along with insights gathered from individuals familiar with the organization.
The objective of Slate is to create a two-seater electric pickup with a price point of approximately $25,000, as reported by TechCrunch.
While the cost of electric vehicles It has been decreasing, but it's typically still pricier to purchase an electric vehicle compared to one with an internal combustion engine. The cheapest EVs On the market currently, prices are roughly around $30,000 for electric vehicles, which often include compact models such as the Chevy Bolt. GM ceased production of the Bolt in 2023 but has hinted at future developments. bring it back .
When it comes to electric pickup trucks currently available, they are significantly more expensive than the desired $25,000 price point. Vehicles such as the Ford F-150 Lightning The Rivian R1T can have a price tag exceeding $60,000, and these vehicles offer more than just two seating positions.
The electric vehicle sector has witnessed contributions from both well-known car manufacturers and emerging start-ups. Startups have had varied experiences. . Some companies, such as Rivian, have successfully introduced models to the market and gained a foothold in the industry. Others, like Lordstown Motors , have mainly just generated headlines prior to closing down.