Bezos backed Slate Auto lands 650 million for affordable pickup trucks

Published on 24 April 2026

First trucks are coming soon, built for high living costs

Jeff Bezos-backed EV startup Slate Auto has raised $650 million to accelerate production of its first affordable pickup trucks, slated for delivery later this year. The company plans major investment in its Indiana factory and is positioning the trucks as a lower-cost option for buyers squeezed by high living expenses. The latest round was led by TWG Global.

Slate Auto raised $650 million for its EV expansion
First pickup truck deliveries are planned for later this year
Pricing strategy targets customers facing high living costs
TWG Global led the funding round; Indiana factory gets major investment

#funding #pickups #ev startups #electric vehicles #bezos

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Bezos backed Slate Auto lands 650 million for affordable pickup trucks

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