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in /technology 1 month ago

Low cost EV truck Slate crosses 150,000 reservations

Slate crosses 150,000 reservations despite waning EV truck enthusiasm - Featured Image

Slate crosses 150,000 reservations despite waning EV truck enthusiasm

techcrunch.com - favicontechcrunch.com
TLDR

Slate Auto, an electric truck startup backed by Jeff Bezos, has surpassed 150,000 refundable reservations for its low-cost EV, despite a decline in enthusiasm for electric trucks. Slate's reservations have been growing faster than cancellations, but the company faces challenges in scaling production and competing in a market with struggling EV trucks from Ford, Tesla, and General Motors.

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