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Slate Truck production nears with $650 million funding
Ars Technica·
Slate Auto has successfully raised $650 million, bringing its electric truck closer to production. The Slate Truck is slated to launch in late 2026 with a starting price in the mid-$20,000s. This significant funding round, led by TWG Global, will support the manufacturing and delivery of the affordable electric pickup. The company's focus on a budget-friendly price point aims to capture a significant share of the growing electric vehicle market. The successful fundraising indicates strong investor confidence in Slate Auto's vision and its upcoming product.
Tags
funding
product
energy
Original Source
Ars Technica — arstechnica.com