Slate Auto’s radically simple electric truck starts at $24,950

Slate Auto, the EV startup backed by billionaire Jeff Bezos, has finally revealed the starting price of its electric truck: $24,950. That’s excluding taxes, title, license, registration, governmental fees, destination charges, documentation fees, and any optional equipment, according to the company. Slate started taking preorders for the truck on Wednesday. Crucially, Slate also said that it has boosted the estimated range of its base model from 150 miles to around 205 miles — although that comes at the cost of abandoning plans for a larger, 240 mile battery pack. The aggressive pricing — half the average cost of a new car in the United States — puts Slate in position to capture a share of the lowest end of the new car market, which has few gas and fewer electric options these days.

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