Slate Auto raises $111 million from Jeff Bezos and Guggenheim to build customizable electric truck.

From Yahoo Finance: 2025-05-04 08:31:00

Slate Auto, Jeff Bezos-backed EV startup, raised $111 million for its customizable EV pickup, the “Blank Slate,” set to launch by end of 2026. The stripped-back design emphasizes affordability and customization, with over 100 accessories available, transforming the truck from a two-seater pickup to a five-passenger SUV.

The startup’s approach strips traditional features, enabling buyers to customize their vehicle with “starter packs” and modular kits. The base model offers a 150-mile range with a 52.7kWh battery and 1,400-pound payload capacity, with optional upgrades like larger batteries, entertainment screens, and branded tailgate wraps.

Slate Auto’s Series A funding includes support from high-profile investors like Jeff Bezos and Mark Walter, totaling $111 million. The company is focusing on scalable, accessible EV options for first-time buyers, with production set to begin in Indiana and a launch window in 2026.

The company is actively hiring across various roles on LinkedIn in preparation for its 2026 launch. Slate Auto’s unique approach to affordable, modular EVs distinguishes it from competitors, emphasizing personalization and accessibility over premium offerings.

Slate Auto’s vision of “personal, not premium” aims to revolutionize how electric vehicles are designed, built, and sold in the U.S. The company’s focus on affordability and customization sets it apart from traditional EV manufacturers, with a commitment to making EVs more accessible to a wider range of consumers.



Read more at Yahoo Finance: Slate Auto Secures $111M From Jeff Bezos And Guggenheim’s Mark Walter To Build $20K Electric Truck, Challenging Tesla’s Market Dominance