""Our Series C round of funding will enable Slate to reach the next stages of production this year: on time and on budget," said Slate CEO Peter Faricy in a statement."
""Slate says it has received 160,000 reservations for its first EV, the minimal, modular Slate Truck, first revealed last year.""
""The two-seater electric truck comes without paint, power windows, a radio, or even an infotainment system, allowing for customization with various accessories and add-ons.""
""The company aims to create over 2,000 jobs in Kosciusko County and contribute up to $39 billion to the state's economy over 20 years.""
Slate Auto, an electric vehicle startup backed by Jeff Bezos, has raised $650 million to develop an affordable electric pickup truck. The Series C funding round was led by TWG Global. Slate plans to deliver its first EV later this year and has received 160,000 reservations for its minimal, modular Slate Truck. The truck will be produced at a $400 million factory in Warsaw, Indiana, creating over 2,000 jobs and contributing significantly to the local economy.
Read at The Verge
Unable to calculate read time
Collection
[
|
...
]