Slate Auto will announce pricing and take preorders for its EV on June 24
Electric vehicle startup Slate Auto will announce pricing and begin accepting non-refundable preorders for its low-cost EV on June 24. The company is currently encouraging prospective buyers to make a $50 reservation to secure an earlier delivery window.
Why it matters
Slate Auto is testing the market viability of a 'no-frills' EV model, which faces challenges following the removal of federal tax credits and the difficulty of converting reservations into sales.
Slate Auto will announce pricing and take preorders for its EV on June 24 | TechCrunch
The article provides a straightforward business report on product timelines and market challenges without taking a stance.
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