Slate Auto, an EV startup backed by Jeff Bezos, has raised $650 million in a Series C round to develop an affordable electric pickup truck priced in the mid-$20,000s. The funding was led by TWG Global, with key investors including Mark Walter and Thomas Tull. The company aims to deliver its first vehicle later this year.
Background
The electric vehicle market is rapidly expanding, with startups and legacy automakers competing to offer affordable and sustainable transportation options. Funding rounds like this highlight continued investor interest in electrification and new entrants.
- Source
- The Verge
- Published
- Apr 13, 2026 at 11:45 PM
- Score
- 6.0 / 10