Affordable Electric Trucks: The New Wave of Budget-Friendly EVs in the U.S.

1 min read
Source: CNBC
Affordable Electric Trucks: The New Wave of Budget-Friendly EVs in the U.S.
Photo: CNBC
TL;DR Summary

Slate Auto, an EV startup backed by Jeff Bezos, is developing a modular, stripped-down electric pickup truck with a focus on affordability and simplified manufacturing, currently in beta production in Michigan, with plans for mass production in Indiana. Despite innovative ideas and significant reservations, the company faces challenges including market demand, competition, and scaling production, as it aims to deliver affordable EVs with minimal features and high customization options.

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