Slate Introduces $20K Electric Truck That Converts into an SUV

      Slate Automotive, a newly established American electric vehicle startup, has just introduced its debut model: a highly minimalist electric truck that can be transformed into a five-seat SUV. Named the “Blank Slate,” the EV was launched this week, capturing attention not only for its flexibility but also for its remarkably low starting price of under $20,000 after federal tax incentives. In contrast to Tesla and Lucid, which began their journeys with premium-priced models, Slate aims to alter the approach: begin with affordability and scale from there.

      At its foundation, the Slate Truck is a basic two-seat electric pickup focused on simplicity and cost-effectiveness. However, what distinguishes it is its ability to transform. With a modular accessory system, the truck can be enhanced over time, including a kit that adds a rear seat, roll cage, airbags, and SUV body panels. This allows buyers to begin with a basic pickup and gradually modify it into a family-oriented SUV—either on their own or through Slate’s expanding network of service partners.

      Customization is pivotal to Slate’s vision. Initially, owners will have the option to select from over 100 accessories, including vinyl wraps, Bluetooth-compatible audio systems, larger battery options, and off-road enhancements. The company promotes a do-it-yourself attitude, providing tools and educational resources through “Slate University” to enable users to modify and maintain their vehicles.

      The truck is powered by a 52.7-kWh battery, offering a range of up to 150 miles, while an optional 84.3-kWh pack is available for a target range of 240 miles. It features fast-charging capabilities and comes equipped with Tesla’s NACS port as standard. The vehicle drives on rear-wheel power and produces around 200 horsepower—sufficient for city driving and light hauling tasks.

      The low price point is attributed to Slate’s minimalist manufacturing strategy. There are no paint shops, stamping processes, and only a single trim level, making everything else modular. The vehicle is designed with steel wheels, manual windows, and a durable plastic body meant to withstand damage while maintaining its aesthetic appeal. This approach stands in stark contrast to the technology-heavy, high-priced vehicles prevalent in the current market.

      Despite its basic specifications, Slate prioritizes safety. The truck is built to attain top crash test ratings and includes up to eight airbags, active emergency braking, and forward collision warning systems.

      Support for this ambitious model comes from notable investors, including Jeff Bezos, founder and CEO of Amazon. This financial backing, paired with a streamlined production approach, positions Slate for rapid scaling once production begins in 2026.

      Reservations can be made now for $50 at slate.auto, with deliveries anticipated in late 2026. Whether American consumers will embrace a minimalist, versatile EV remains uncertain, but Slate’s focus on affordability and customization could position it as one of the most groundbreaking newcomers in the electric vehicle market to date.

      In related news, Nick Godt has reported on global business news across three continents for over 25 years.

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      Lucid Gravity is redefining electric SUVs. After a protracted development phase, the Lucid Air electric luxury sedan launched in 2020 and raised the bar for electric vehicle range, efficiency, and charging capabilities. While the Air represents a strong initial offering, its sales potential is limited by its sedan design. Hence, the 2025 Lucid Gravity — the automaker’s second model and first SUV — is even more critical for Lucid’s prospects.

      Available in both two-row, five-seat and three-row, seven-seat versions, the Gravity is aimed at capturing a broader market of new car buyers who desire additional space or require a vehicle suited for family use and trendy lifestyles. However, this target market already has numerous options, including the Cadillac Escalade IQ, Mercedes-Benz EQS SUV, Rivian R1S, and Volvo EX90, as well as the two-row BMW iX.

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      Amazon has revolutionized shopping for nearly everything—from books to furniture to groceries. Now, it’s changing the landscape of car leasing. Through Amazon Autos, you can now lease a brand-new Hyundai entirely online, and better yet, you’ll be eligible for the full $7,500 federal tax credit if you opt for an electric model like the Ioniq 5, Ioniq 6, or Kona EV.

      This is significant because starting January 2025, Hyundai’s electric vehicles will no longer be eligible for the tax credit if purchased outright due to stringent federal regulations regarding battery sourcing and assembly. However, leasing allows the vehicle to be regarded as owned by the leasing company (Hyundai Capital), which qualifies it as a “commercial vehicle” under U.S. tax law, making it eligible for the credit. Typically, these savings are passed on to consumers in reduced lease payments.

      With Amazon’s new model, customers can view Hyundai’s EV offerings, secure financing, trade in their current vehicles, and arrange for pickup—all within the Amazon ecosystem.

      This service