BLOOMINGTON, Ind. — Slate Auto has introduced an innovative electric truck that doubles as an SUV, with a starting price of $20,000 after federal incentives. The vehicle, designed to be both affordable and versatile, aims to disrupt the electric vehicle market with its unique features and practical design.
The truck’s compact build sets it apart from larger models, measuring about two-thirds the length of a Chevy Silverado EV and slightly smaller than a Ford Maverick. Its two-door configuration can transform into a five-seat SUV. With a payload capacity of 1,400 pounds, it offers robust functionality, albeit slightly less than the Maverick’s 1,500 pounds. The vehicle’s design resembles classic smaller pickups, making it both user-friendly and efficient for urban environments.
Slate Auto’s approach is described as “radically simple,” with its stripped-down model eschewing non-essential features like power windows and infotainment systems. This minimalism is deliberate, positioning the truck as an alternative to more extravagant electric vehicles, such as Tesla’s offerings. The company aims to reach consumers looking for practicality without excessive frills.
Engine performance is also noteworthy, with a standard range of 150 miles on a single charge and an optional extended battery pack that can provide up to 240 miles. The vehicle’s development involves a collaboration of expertise from California and Michigan for design and engineering, while final assembly is set to take place in Indiana, as reported by industry sources.
This venture has gained significant interest from notable investors, including Amazon founder Jeff Bezos and other prominent figures such as Mark Walter, owner of the Los Angeles Dodgers, and Thomas Tull. Recently, the company secured $111 million to fund its production efforts, signaling strong backing for its ambitious project. Melinda Lewison, who leads Bezos’ family office, is listed as a director at Slate Auto, further underscoring the high-profile nature of its financial support.
While delivery dates for consumers are projected for late 2026, interested buyers can reserve a model now for a refundable fee of $50. As electric vehicles gain traction in the market, Slate Auto’s promise of an affordable, versatile truck may appeal to a wide array of consumers looking to adapt to a changing automotive landscape.
With its distinctive positioning and a focus on practicality, Slate Auto’s entry into the electric vehicle arena may set new standards for affordability and functionality. As the industry continues to evolve, this innovative offering could pave the way for more accessible electric solutions.