Slate Auto, backed by Jeff Bezos, is unveiling a low-cost electric truck that can transform into an SUV, starting at $20,000 after incentives. It is designed as a simple, affordable, and customizable vehicle with a range of 150 miles on a single charge.
Key Points
Backed by Jeff Bezos, Mark Walter, and Thomas Tull
Raised $111 million for the project
Expected delivery to customers in late 2026
Pros
Low starting price of $20,000 after federal EV incentives
Can transform into an SUV for added versatility
Designed in California and Michigan, assembled in the Midwest
Cons
Smaller payload capacity compared to some competitors