Here’s why Slate changed the battery in its cheap EV truck
EV startup Slate has updated its battery strategy for its upcoming truck, switching from NMC to cheaper LFP battery chemistry. This shift was made possible by changes in the U.S. tax credit landscape and the lower cost of LFP materials.
Why it matters
The move illustrates how shifting global supply chains and regulatory environments are forcing EV startups to adapt their product strategies to remain price-competitive.
Slate, maker of the stripped-down EV pickup truck, found another way to simplify its product: the battery.
The article provides a technical and economic analysis of business decisions without political bias.
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