Here’s why Slate changed the battery in its cheap EV truck
While there was probably a moment when Slate’s leadership had to green-light the switch from one battery type to another, the momentum toward that decision had been building for years.
While there was probably a moment when Slate’s leadership had to green-light the switch from one battery type to another, the momentum toward that decision had been building for years.
While there was probably a moment when Slate’s leadership had to green-light the switch from one battery type to another, the momentum toward that decision had been building for years.
The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205 miles.
Carvana was granted a warrant to buy shares in Slate last year, according to documents obtained by TechCrunch. Guggenheim Partners CEO Mark Walter is heavily invested in both companies.
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The Bezos-backed EV startup has yet to announce final pricing for its vehicle, which is supposed to start shipping by the end of this year.
Melinda Lewison’s departure raises questions about Bezos’ support and involvement with the startup at a time when the Amazon founder is now apparently focused on robotics at his new startup, Project Prometheus.
Slate Auto’s latest funding round was led by existing investor TWG Global, a firm run by LA Dodgers owner Mark Walter.
Former Amazon Marketplace vice president Peter Faricy is the new person in charge of the company.
It took Slate Auto about seven months to grow its customer list by 50%, but new reservations appear to be outpacing any cancelations.