Slate has finally put a price on its tiny electric truck. The startup's base two-seat pickup will start at $24,950, excluding taxes and fees. The two-door, five-passenger SUV models with a second-row bench seat will start at $29,950. Slate says that makes its pickup the "most affordable truck in America." The first deliveries will hit customer driveways by the end of 2026, the company said.
Main Idea: Slate, backed early by Jeff Bezos, has set a starting price of $24,950 for its small electric pickup, aiming to sell what it calls the most affordable truck in America.
Key Points:
Slate’s low-price EV may still be hard for many buyers to afford once taxes, fees, and add-ons are included, and weak demand could leave shoppers with limited support if the company struggles.
The cheap truck and SUV could give more households and small businesses a new low-cost EV option and push other automakers to offer lower prices.
Rate how each entity in this article affected the American people.
Central company launching and pricing the electric truck and SUV models discussed in the article.
Named major backer whose funding is part of Slate’s origin and positioning in the story.
Slate’s CEO, quoted on the company’s pricing and customer strategy.
Bezos’s company is mentioned as part of his identity and funding context for Slate.
Named investor and backer mentioned as part of Slate’s funding background.
Cited for vehicle pricing data that supports the article’s affordability context.
Mark Walter’s firm is mentioned as part of his identity and Slate’s backing context.
Named automaker used for comparison in the discussion of cheaper upcoming EVs.
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Named automaker used for comparison in the discussion of cheaper upcoming EVs.