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Slate Auto raised $650 million in a Series C led by TWG Global's Mark Walter and Thomas Tull. The Jeff Bezos-backed startup targets a mid-$20,000 electric pickup truck with deliveries expected this year. The company was valued at $1.2 billion as of January 2025.
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
Tag
Slate Auto raised $650 million in a Series C led by TWG Global's Mark Walter and Thomas Tull. The Jeff Bezos-backed startup targets a mid-$20,000 electric pickup truck with deliveries expected this year. The company was valued at $1.2 billion as of January 2025.
2mo ago · 1 min · Business
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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