Slate Auto, The Electric vehicle startup supported by Jeff BezosIt has stopped promoting that its upcoming pickup truck will begin “under $ 20,000” after President Trump’s tax cut bill is passed. The bill, which is expected to be signed by Trump on July 4, will cause the federal EV tax credit to end in September-the encouragement of $ 7,500 that the slate counted to help clarify all its-electric pickups that Mark.
When the slate came out of secret mode in April, the startup propagated heavily that its all-electric pickup would start “under $ 20,000” with $ 7,500 Federal EV tax credit. The language was still on the website of the slate as according to the recent web archives.
Parivartan is a possible setback for the young company’s effort to create a fundamental cheap electric vehicle.
Slate did not provide an accurate value for EV in its launch event; And it is not yet to say what will be the actual initial price of its vehicle, Sans-Credit. A slate spokesman refused to comment on the change.
The company will not start construction of the truck as soon as possible by the end of 2026. Slate’s business is also built around making this vehicle highly adapable, which means that some people will buy base models to start.
The price of $ 20,000 was one Big attraction point For the new company product of the brand, and it was then a major focus April launch event,
Chief Commercial Officer Jeremy Snier said during the event, “Auto industry” has operated the prices of a place that cannot tolerate most Americans. “” But we are here to change it. “
CEO Chris Burman said at the time, “We have been building a cheap vehicle that had been promised for a long time, but never distributed.”