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Buzzy Modern EV startup Slate Auto has gouge up more than 100,000 reservation for its customizable down - cost electric cartridge truck , the company has substantiate to TechCrunch .
slating crossed the milepost over the weekend , just a little more than two weeks after descend out of stealth mode andunveiling the truckat an event in Los Angeles , California . The company has said the motortruck will commence below $ 20,000 after applying the $ 7,500 federal EV tax credit and plan to ramp up the vehicles at a former impression industrial plant in Warsaw , Indiana , as TechCrunchfirst reported .
“ We are truly humble by America ’s response to Slate ’s brand launch and the launch of our motortruck , ” Slate ’s chief commercial military officer Jeremy Snyder said in a statement to TechCrunch . “ We are excited for what the future tense hold back . ”
amass 100,000 reservations so quickly is one sign of how much interest there has been in Slate since it revealed the truck , but it ’s no guarantee those reservations will read to sales . The companionship is only asking prospective buyers to plop down $ 50 to earmark their place in line to eventually order the truck ; the fee is refundable .
Many other EV startups have touted reservations in the past only to die to live up to the expectations of such big , pear-shaped number . Fisker filed for failure having betray just a few thousand Ocean SUVs despite onceclaimingmore than 60,000 reservation . Lordstown Motors , meanwhile , waschargedby the Securities and Exchange Commission ( SEC ) for misdirect investor about the number of “ preorders ” for its own electric pickup truck . ( Lordstown Motors likewise filed for failure and ultimately determine with the SEC . )
Slate has big goals for its truck , which — for a currently undisclosed terms — can also be transformed into an SUV . The company says it will have capacity to make as many as 150,000 vehicles by the closing of 2027 at the Indiana factory . And it has heavy backers helping Slate essay to reach that destination , includingJeff Bezos(through his fellowship office staff , Bezos Expeditions ) , Guggenheim Partners CEO Mark Walter , and VC firm General Catalyst .
