EV

Slate Auto draws 100,000 reservations, raises $700 million for EV mini-truck

Slate EV truck
Slate EV configured as a work truck during a fleet convention in Long Beach, Calif. (JERRY HIRSCH/AUTOMOTIVE NEWS)
May 20, 2025 11:58 AM
Slate EV truck
Slate EV configured as a work truck during a fleet convention in Long Beach, Calif. (JERRY HIRSCH/AUTOMOTIVE NEWS)

EV startup Slate Auto is moving quickly on plans to launch a sub-$30,000 mini-pickup out of a brownfield site in the Midwest, drawing 100,000 customer reservations and $700 million in financing, the company said.

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