Slate Auto CEO Chris Barman, a former FCA executive, aims to provide affordable transportation to Americans through the startup's new $25,000 EV pickup truck, backed by Jeff Bezos.
With rising new car costs nearing $50,000, Slate believes its pickup could make a significant impact with a price below $20,000 after tax credits.
The $25,000 Slate Truck could address the EV affordability challenge that even Tesla has yet to overcome with a promised $25,000 model in the pipeline.
Slate plans to offer the most affordable EV pickup in the US market, providing basic transportation at a lower cost compared to electric offerings like the Ford F150 Lightning and Tesla Cybertruck.
The Slate model focuses on simplicity and affordability, inspired by CEO Barman's own experience with basic transportation and the need for cost-efficient options.
By offering a customizable 'blank slate' model, Slate enables consumers to choose additional features over time, tailoring the vehicle to their evolving needs and budget.
Slate's innovative approach allows owners to upgrade and personalize almost every aspect of the vehicle, except the battery pack, providing flexibility and long-term usability.
The company encourages DIY upgrades and plans to provide instructional videos for owners to enhance their vehicles, fostering a unique car ownership experience.
Slate's direct sales model encourages consumer involvement in enhancing their vehicles, aiming to revitalize communities with plans for facility reindustrialization in the Midwestern US.
Reservations for the Slate EV pickup are open with a refundable $50 fee, with customer deliveries expected to begin by the end of 2026.