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Slate Auto raises $650M to fund its affordable EV truck plans

Backed by Jeff Bezos, Slate Auto has secured $650 million to bring affordable EV trucks to the market by 2026. With a total of $1.4 billion raised, the company plans to target low-end markets with trucks starting in the mid-$20,000s. Produc...

TechCrunch· Apr 13, 2026 · 2:59 PM · 51 views

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Backed by Jeff Bezos, Slate Auto has secured $650 million to bring affordable EV trucks to the market by 2026. With a total of $1.4 billion raised, the company plans to target low-end markets with trucks starting in the mid-$20,000s. Production is set for a revamped Indiana factory, as they aim to transform 160,000 reservations into sales. #EVTrucks #ElectricVehicles #JeffBezos #Innovation #Automotive

Originally reported by TechCrunch. Read the full story →

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