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Slate Auto Raises $650M for Budget EV Pickup

Slate Auto announced a $650 million funding round Monday, funding production of its entry-level electric pickup truck targeting mid-$20,000s pricing. The raise sharpens a direct competitive challenge to the Ford Maverick XL, currently the cheapest new pickup in the US. The elimination of the federal clean vehicle tax c

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Tag

ev-startup

Slate Auto raises $650 million as production gets closer and closer

Slate Auto announced a $650 million funding round Monday, funding production of its entry-level electric pickup truck targeting mid-$20,000s pricing. The raise sharpens a direct competitive challenge to the Ford Maverick XL, currently the cheapest new pickup in the US. The elimination of the federal clean vehicle tax c

2mo ago · 1 min · Business

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