The Slate electric pickup truck has gone up in price dramatically - now a projected price of around $25,000
US startup Slate has adjusted the price of its compact electric pickup truck. In aprile this year, the model was announced with a price tag below $20,000 including the federal tax credit, but now the website states that the cost is expected to be in the "mid range of twenty thousand dollars".
Here's What We Know
The company has not made an official announcement, but the change is likely due to new policies of the US federal government. In particular, the "The One Big Beautiful Bill" signed by President Trump provides for the early cancellation of the tax credit for the purchase of electric cars. It was supposed to be in effect until the end of 2032, but will be discontinued as early as 30 September 2025.
The Blank Slate pickup was originally positioned as an affordable electric vehicle for a wide range of consumers. At around $25,000, it still remains one of the most affordable EV trucks on the market, but now competition with models like the Ford Maverick (from $28,145) will intensify.
The Slate is said to get a 204 hp (150 kW) rear-mounted electric motor with 264 N-m of torque. Buyers will be offered two battery options - 52.7 and 84.3 kWh, providing a range of approximately 150 and 240 miles (241 and 386 kilometres) respectively. Acceleration from 0 to 60 mph (0-96 km/h) will take about 8 seconds, with a top speed of 145 km/h.
Recall, Slate was founded in 2022 and until April worked in total secrecy, hiring former employees of Ford, General Motors, Stellantis and Harley-Davidson. According to Delaware state documents, financial backing is provided by billionaire Jeff Bezos-affiliated Re:Build Manufacturing, as well as other wealthy entrepreneurs. Slate is known to have raised at least $111 million in a Series A round in 2023.
Source: Techcrunch