Overview

• Slate Auto, founded in 2022, is developing a $25,000 electric truck aimed at disrupting the high-cost EV market.
• The startup recently raised $111 million in Series A funding, with backing from Jeff Bezos and other prominent investors.
• Production is scheduled to begin in late 2026 at a facility near Indianapolis, though details on the factory remain unclear.
• The company draws inspiration from historical disruptors like the Ford Model T, aiming to make EVs accessible to a broader audience.
• Led by experienced industry veterans and former Amazon executives, Slate Auto is leveraging deep automotive and tech expertise.