Slate Auto announces $24,950 starting price for new electric pickup truck
A Jeff Bezos-backed startup has revealed the initial pricing and delivery timeline for its first electric vehicle. The model will be available in various configurations with a focus on affordability and simplicity.
Amalgamated from Ars Technica (opens in new tab), Hacker News (opens in new tab), TechCrunch (opens in new tab), The Verge (opens in new tab), The Verge (opens in new tab), LA Times (opens in new tab)
Slate Auto has announced that its debut electric pickup truck will start at $24,950. According to the LA Times, the company intends to begin delivering these vehicles to customers during the fourth quarter of this year.
Pricing and configuration options
The startup, which receives backing from investor Jeff Bezos, offers several configurations for the new model. TechCrunch reports that while the base pickup starts at $24,950, a more feature-rich SUV variant is priced at $29,950. Ars Technica notes that these offerings range from "bare-bones" utility vehicles to models equipped with additional features and wraps.
Range and design
The vehicle's base model has been updated to include an estimated range of 205 miles, according to TechCrunch. The Verge describes the company's strategy as a focus on "EV minimalism," where the brand prioritizes affordability and simplicity. This approach is intended to position the truck as a practical entry point into the electric vehicle market.
Market positioning
The $24,950 price point reflects a shift in the company’s original goals. The Verge reports that Slate Auto initially aimed for a sub-$20,000 target but revised its projections last year following changes to trade policy and manufacturing conditions. By moving into the mid-$20,000 range, the vehicle is positioned as one of the least expensive electric pickups currently available. Hacker News also noted the entry-level price point as part of the company's official launch details.