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Jeff Bezos-backed venture Slate unveils $20K barebones electric truck

April 25, 2025
in Business
Reading Time: 2 mins read
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Jeff Bezos-backed venture Slate unveils $20K barebones electric truck
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Jeff Bezos-backed startup Slate Auto is launching a barebones electric truck for just $20,000 as it calls for a return to affordability after years of stubborn inflation drove everyday prices up.

Simply called the Truck, it comes in just one spec, a two-door, two-seater in slate gray. With crank windows and no entertainment system, it’s a blast to the past – and so is its price.

“The definition of what’s affordable is broken,” Slate CEO Chris Barman said in a statement. “Slate exists to put the power back in the hands of customers who have been ignored by the auto industry.”

Jeff Bezos-backed startup Slate Auto announced a barebones electric truck for just $20,000. Slate Auto

That $20,000 starting price, however, includes a federal EV tax incentive that President Trump has rallied against.

The Truck’s two-door structure can be changed into a 5-seat SUV. The truck itself is fairly small – less than 15 feet long, comparable to a 1985 Toyota pickup.

Instead of a modern entertainment system, the Truck has a smartphone mount for phones and tablets, and optional add-on speakers.

The vehicle also comes with simple HVAC controls and crank windows.

Jeff Bezos, along with other investors, helped Slate raise $111 million for the project, according to a report. AFP via Getty Images

Though it’s a plain design, Slate is planning to offer a massive line of accessories to make the truck customizable, including wraps and a bed cap.

Slate’s new truck has a maximum range of 150 miles on a single charge, with the option for a longer-range battery pack that offers up to 240 miles.

It boasts a zero to 60 miles per hour time of eight seconds, able to reach a top speed of 90 miles per hour. The truck produces 201 horsepower and 295 pound-feet of torque.

Slate said it plans to build the truck in the US, but has not yet announced a factory location. TechCrunch reported the plant is in Indiana.

Slate said it wants to build the new electric truck in the US. Slate Auto

Bezos, along with Los Angeles Dodgers owner Mark Walter and billionaire investor Thomas Tull, helped Slate raise $111 million for the project, according to TechCrunch.

The trucks are not expected to be delivered to customers until late 2026, but they can be reserved for a refundable $50 fee.

Credit: Source link

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