All articles tagged with #ev truck
Slate Auto is developing America's cheapest EV truck, targeting a $25,000 price point by offering a basic, customizable vehicle with minimal features and optional upgrades, aiming to boost EV adoption despite a challenging market environment. The company leverages a design studio in Long Beach and plans to start deliveries in late 2026, betting that affordability and customization will attract a new segment of EV buyers.
Ford is planning to develop a new, affordable electric truck around $30,000, likely targeting a broader market with a simple, cost-effective design based on a new modular platform, and possibly featuring a frunk, simplified bodywork, and aerodynamic enhancements, though details remain speculative.
Trevor Milton, the founder of Nikola, has been sentenced to four years in prison and ordered to pay a $1 million fine after being found guilty of misleading investors about the company's technology. Milton was accused of lying about Nikola's capabilities and staging a video that falsely showed its electric truck driving under its own power. The fallout from these allegations led to General Motors backing out of an equity deal with Nikola, and the company has since scaled down its ambitions.