Slate Auto, the Jeff Bezos-backed electric vehicle startup chasing a sub-$25,000 truck, closed a $650 million Series C round on April 13, 2026, led by TWG Global and first reported by Bloomberg. The deal pushes total capital raised to roughly $1.4 billion, gives the Troy-based company runway to start customer deliveries in late 2026, and lands as the company reports more than 180,000 refundable reservations, per CNBC’s June 2026 count, for its minimalist “Blank Slate” pickup–a truck that unveiled a $24,950 starting price in June 2026, per Yahoo Finance, before Slate tacked on a $1,450 destination charge in October 2026, CNBC reported.
The Slate Auto $650 million round is the largest U.S. electric-vehicle financing of 2026 outside the Big Three legacy automakers, and it arrives as Rivian, Tesla, and Ford each face shrinking unit economics in the sub-$50,000 segment. For investors watching the Bezos Expeditions portfolio, TWG Global’s lead position is also a signal: Mark Walter’s investment vehicle, fresh off its $10 billion Project Prometheus deal, is now anchoring a second Bezos-aligned hard-tech bet in 12 months.
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Slate Auto $650 Million Series C: Inside the Term Sheet
According to Slate Auto’s own press release distributed via PR Newswire on April 13, 2026, the Series C was led by TWG Global, an existing investor that backed both prior Slate rounds. Slate did not disclose a post-money valuation, breaking with the now-standard practice of leaking a headline number to the trade press. The last publicly tracked marker is a roughly $1.2 billion valuation from a January 2025 fundraising round, per PitchBook data cited by Transportation Topics News (TTNews), meaning the Series C is being layered on top of a valuation baseline that is now well over a year stale. Reporting from Wards Auto, Electrive, and TechCrunch confirms the $650 million figure and the lead investor, but no outlet has been able to surface an updated, confirmed valuation, suggesting the round was structured to avoid a publicly visible markdown from earlier Bezos-set pricing.
Named investors in the Slate Auto Series C, based on disclosures across PR Newswire and Tech Funding News reporting, include TWG Global (lead), Bezos Expeditions, General Catalyst, and Slauson & Co. Mark Walter, the principal at TWG Global and majority owner of the Los Angeles Dodgers, has been associated with Slate’s financing since the 2024 Series B. A less-publicized name also surfaced in a March 2026 SEC filing: Carvana disclosed holding a warrant valued at roughly $1.5 million to purchase Slate shares as of December 2025, a stake first reported by Yahoo Finance that hints at how deeply the used-car and auto-retail world is already positioning around Slate’s launch. The Series C brings Slate’s total funding since 2022 to approximately $1.4 billion, a figure TechCrunch corroborated in its own April 2026 reporting, with the Series A and B combined accounting for roughly $700 million of that base, according to Wikipedia’s compiled funding history.
“Our Series C round of funding will enable Slate to reach the next stages of production this year: on time and on budget,” CEO Peter Faricy said in the company’s announcement. “We can’t wait for our future customers to preorder their Slate Trucks beginning in June.” Faricy, a former Amazon executive who ran the marketplace business before joining Slate, has been telegraphing a June 2026 preorder window since the Series B close in late 2024. By June 2026, Faricy told CNBC that Slate had raised more than $1.3 billion across three funding rounds to date, a figure that folds Series A, B, and C into a single cumulative tally.
The 160,000 Reservation Number: Real Demand or Vapor?
Slate’s marquee data point is the 160,000-reservation figure, disclosed concurrently with the funding round and confirmed by Business Insider on April 13, 2026–up sharply from the 100,000 reservations Yahoo Finance reported just eleven months earlier, in May 2025, and climbing further still to more than 180,000 reservations by June 2026, CNBC reported. Each reservation carries a refundable $50 deposit, which means Slate is not sitting on a meaningful customer-funded float. By comparison, Tesla’s original Cybertruck reservation list reportedly crossed two million names, but those reservations were widely understood to be unreliable indicators of conversion, and final Cybertruck deliveries are believed to be a fraction of the headline count.
The 160,000-reservation milestone matters for three reasons. First, the Warsaw, Indiana factory is sized for up to 150,000 vehicles per year, so the current order book already exceeds first-year nameplate capacity. Second, refundable $50 deposits are an order of magnitude lower than Rivian’s $1,000 R2 deposits, which improves accessibility but reduces commitment signal. Third, Slate has not yet disclosed the final retail price; the company plans to publish manufacturer’s suggested retail pricing alongside the opening of paid preorders in June 2026, which means the 160,000 figure was generated when buyers had only an indicative “mid-$20,000s” target.
“For nearly four years, Slate has remained laser-focused on the steps needed to develop our vehicle and reindustrialize our Warsaw Factory, and we will deliver Slate Trucks at nearly half the cost of the average new vehicle–as promised,” Chris Barman, President, Vehicles at Slate Auto, said in the announcement. Barman’s “half the cost” framing is a direct reference to the U.S. average transaction price for new vehicles, which Cox Automotive reported at roughly $48,500 in early 2026. A $24,000 base price would be 51% lower.
Slate Truck Specs: Two Range Options, NACS Port, Tesla Supercharger Access
The vehicle itself is the most stripped-down passenger EV currently moving toward production in North America. Slate offers two battery options with ranges of 150 miles and 240 miles, drawing on 52.7 kWh and 84.3 kWh battery packs respectively–specifications Electrive detailed as far back as April 2025–with the larger pack coming via an extended-range configuration. The truck ships in a single configuration with manual roll-up windows, no infotainment screen, a gray composite body that resists dents and does not require paint, and a steel chassis. Buyers customize after delivery through an accessory ecosystem that includes wraps, an SUV conversion kit, infotainment retrofits, and storage modules.
The two-seat pickup transforms into a five-seat SUV, now offered in two body styles Slate calls the Squareback and Fastback, via a factory-validated kit priced from $29,950, Slate confirmed in October 2026, and offering an estimated 205-mile range, the Los Angeles Times reported in June 2026–a configuration flexibility no other U.S.-market vehicle currently offers at any price point. Slate has confirmed a North American Charging Standard (NACS) port on the driver’s-side rear, which gives buyers access to the Tesla Supercharger network, currently the largest fast-charging network in the United States with more than 25,000 V3 and V4 stalls. The NACS choice eliminates the need for adapters on the most common road-trip charging infrastructure.
Slate Truck Configuration Table
| Specification | Standard Range | Extended Range |
|---|---|---|
| EPA-Equivalent Range | 150 miles | 240 miles |
| Seating (base) | 2 seats | 2 seats |
| SUV Conversion Kit | Available post-delivery | Available post-delivery |
| Body Material | Gray composite panels | Gray composite panels |
| Charging Port | NACS (driver-side rear) | NACS (driver-side rear) |
| Supercharger Access | Tesla V3/V4 network | Tesla V3/V4 network |
| Infotainment | None (BYO phone) | None (BYO phone) |
| Windows | Manual crank | Manual crank |
| Service Network | RepairPal (4,000+ shops) | RepairPal (4,000+ shops) |
| Target Base Price | Mid-$20,000s | Mid-$20,000s + pack upcharge |
Why Slate Auto Lost the Sub-$20,000 Headline: The Tax Credit Reversal
When Slate Auto emerged from stealth in late 2024, the company’s headline number was a “sub-$20,000” target price. That number depended entirely on the U.S. federal $7,500 clean-vehicle tax credit applying to the Slate Truck under the assembled-in-America rules established by the Inflation Reduction Act. Slate’s Warsaw, Indiana factory was structured precisely to qualify for that credit.
The tax credit landscape changed materially in 2025. When Slate formally unveiled the truck that same month, Business Insider reported a $25,000 base price secured with a $50 refundable preorder deposit, a figure already hedging against the expected loss of federal incentives. As recently as April 2025, NBC News was still reporting that Slate’s “Blank Slate” model was targeting a price of roughly $20,000 after incentives, and by May 2025 Yahoo Finance quoted the company softening that goal to simply staying under $30,000 as the tax-credit picture grew murkier. The Trump administration’s reconfiguration of clean-energy incentives, combined with congressional action, eliminated the broad-based $7,500 consumer credit for new EV purchases by mid-2025. Slate publicly reset its target to the mid-$20,000s, a roughly $5,000 to $7,500 increase, almost exactly tracking the lost credit. Tech Funding News reported that “the earlier goal of under $20,000 depended on a $7,500 federal tax credit that no longer exists.” The Series C is, in effect, financing the version of the company that survived that policy reset.
The economic recalibration is not trivial. At $19,995, Slate would have been the cheapest new vehicle sold in the United States–undercutting the Nissan Versa sedan and the Mitsubishi Mirage, both ICE vehicles. At a mid-$20,000s price, Slate still claims the title of cheapest new EV in the U.S. market by a wide margin, but it now competes more directly with the Ford Maverick hybrid pickup and the base Hyundai Santa Cruz, both of which carry comparable or only marginally higher MSRPs.
Slate Auto vs. Ford Maverick, Rivian R2, Tesla Cybertruck: The Affordable EV Pickup Map
The competitive landscape for affordable pickup trucks in 2026 is unusually crowded for a segment that did not exist five years ago. Slate Auto’s strategy is not to fight the Ford F-150 Lightning or the Rivian R1T on towing capacity, payload, or off-road performance. Its strategy is to occupy the price floor and let owners scale up through accessories rather than trim packages.
Affordable Pickup Comparison Table (2026 U.S. Pricing)
| Vehicle | Powertrain | Starting Price (USD) | Range (EV) / MPG (ICE) | U.S. Production? |
|---|---|---|---|---|
| Slate Truck (Standard) | BEV | Mid-$20,000s (target) | 150 miles | Warsaw, Indiana |
| Slate Truck (Extended) | BEV | Mid-$20,000s + pack | 240 miles | Warsaw, Indiana |
| Ford Maverick (Hybrid) | HEV | ~$27,000 | 42 city MPG | Hermosillo, Mexico |
| Hyundai Santa Cruz | ICE | ~$28,000 | 23 combined MPG | Montgomery, Alabama |
| Rivian R2 | BEV | ~$45,000 | ~300 miles | Normal, Illinois |
| Tesla Cybertruck (RWD) | BEV | ~$60,000 | ~250 miles | Austin, Texas |
| Ford F-150 Lightning (base) | BEV | ~$55,000 | ~240 miles | Dearborn, Michigan |
The closest competitor by price is the Ford Maverick hybrid, which starts around $27,000 and delivers exceptional fuel economy without battery anxiety. Slate’s wedge against the Maverick is the post-purchase customization model and the EV operating cost advantage in markets with cheap residential electricity. Against the Rivian R2, Slate is roughly $20,000 cheaper but offers materially less range and no driver-assistance suite. Against the Tesla Cybertruck, the comparison is largely irrelevant: Cybertruck buyers are buying a statement vehicle at three times the price point.
The Warsaw, Indiana Factory: $400M Investment, 2,000 Jobs, 150K Capacity
Slate Auto’s manufacturing strategy hinges on a single facility: a reindustrialized former printing plant in Warsaw, Indiana, in Kosciusko County. According to Slate’s official disclosures, the company expects to invest nearly $400 million in the factory, create over 2,000 jobs, and contribute up to $39 billion to Indiana’s economy over 20 years–a figure validated by Indiana economic development agency modeling and cited in Slate’s PR Newswire announcement. Headcount is already climbing toward that target: the Los Angeles Times reported Slate employed roughly 750 people and had raised over $700 million heading into that June 2026 update–a pre-Series-C tally that has since been eclipsed by the round–up sharply from its stealth-mode staffing levels a year earlier.
The plant is targeted at annual production of up to 150,000 vehicles beginning in Q4 2026, per Electrive’s April 2025 reporting, which would put Slate roughly on par with Rivian’s Normal, Illinois output. Reindustrializing a printing facility is materially cheaper than greenfield construction–Rivian’s Normal plant retrofit cost roughly $800 million for a former Mitsubishi vehicle plant, and Tesla’s Austin Gigafactory ran north of $1.1 billion before tooling. Slate’s $400 million figure reflects a fundamentally different bet: rather than build a flagship “Gigafactory,” Slate is building the cheapest functional EV production line that can hit 150,000 units annually.
Industry analyst Sam Abuelsamid of Telemetry, a long-standing voice on EV manufacturing economics, has noted that Slate’s “single-configuration” production approach–every truck rolls off the line identical, with personalization happening post-delivery–could yield a 20% to 30% cost-per-vehicle advantage versus Rivian or Ford. Variant complexity is one of the largest hidden costs in modern auto manufacturing; eliminating it is a core part of Slate’s value proposition.
TWG Global’s Bet: Why Mark Walter Doubled Down on Slate Auto
TWG Global is the family-office and investment vehicle of Mark Walter, founder and CEO of Guggenheim Partners and the principal owner of the Los Angeles Dodgers and Chelsea FC. TWG’s lead position in Slate’s Series C is a notable doubling-down on what is, by any measure, a high-risk EV bet. The firm participated in Slate’s prior Series B in late 2024 and continued through this round.
“Our investment in Slate reflects our long-term conviction in American manufacturing and in vehicles that ordinary families can afford,” Mark Walter said in earlier disclosures around the Series B. TWG has not commented publicly on the Series C valuation, and Slate has not disclosed a markup or markdown from the prior round. The structure of the round–a flat or modestly priced extension led by an existing insider rather than a new strategic–is consistent with current 2026 venture market conditions, where private EV valuations have compressed materially since the 2021-2022 peak.
Bezos Expeditions, the personal investment firm of Amazon founder Jeff Bezos, has remained a Slate Auto backer since the 2022 incubation period at Re:Build Manufacturing. Bezos’s individual dollar commitment to the Series C has not been publicly disclosed. Bezos’s involvement is structurally similar to his earlier backing of Project Prometheus and Blue Origin: long-duration, capital-intensive, manufacturing-heavy bets where his personal balance sheet provides patient capital that public-market investors cannot.
Slate Auto Funding History: From $111M Series A to $1.4B Total
Slate Auto’s funding trajectory is unusual for an EV startup in 2026 because the company has stayed in stealth for most of its life and disclosed funding amounts only when materially complete. The cumulative trajectory, compiled from press releases, Wikipedia, and Newsweek reporting, is roughly as follows.
Slate Auto Funding Timeline
| Round | Date | Amount | Lead Investor(s) | Cumulative Total |
|---|---|---|---|---|
| Incubation | 2022 | Undisclosed | Re:Build Manufacturing | – |
| Independence | 2023 | – | Spin-out from Re:Build | – |
| Series A | 2023â2024 | ~$111M | Bezos Expeditions, General Catalyst | ~$111M |
| Series B | Late 2024 | ~$590M | TWG Global, Bezos Expeditions | ~$700M |
| Series C | April 13, 2026 | $650M | TWG Global (lead), Bezos Expeditions, General Catalyst, Slauson & Co. | ~$1.4B |
The Series A and Series B combined to roughly $700 million, a figure Newsweek reported was confirmed by a company statement posted to Slate’s own forums as of May 2025, though no outlet has published a fully audited breakdown. Yahoo Finance later confirmed, in May 2025 reporting, that Series A funding exceeded $111 million and was backed personally by Jeff Bezos and Mark Walter, the same two individuals whose investment vehicles would go on to lead the Series C nearly a year later. Some sources cite the Series B at $590 million and others at $600 million; the discrepancy is within rounding and reflects the imprecision of late-2024 EV financing disclosure norms. The Series C nearly doubles cumulative capital and is, by Slate’s own description, “the capital to reach the next stage of development.”
Market Impact: What Slate Auto Means for the U.S. EV Pickup Segment
The Slate Auto Series C arrives at a structurally awkward moment for the U.S. EV market. According to Cox Automotive, total U.S. EV sales grew approximately 7.3% year-over-year in 2025 to roughly 1.3 million units, but that growth was almost entirely concentrated in vehicles priced above $45,000. The sub-$30,000 EV segment in the United States is effectively empty. The only true sub-$30,000 BEV options for U.S. buyers in early 2026 are the Chevrolet Equinox EV at roughly $34,000 (above the threshold) and the Nissan Leaf at roughly $29,000 (a 2018-architecture car with limited fast-charging support).
If Slate Auto can hit its mid-$20,000s target at scale, it would create the first new sub-$30,000 BEV nameplate available to U.S. consumers in the post-tax-credit era. That is a price-floor reset for the segment. Existing OEMs–Ford, GM, Stellantis–have public roadmaps that target sub-$30,000 EVs by 2027 or 2028, but every one of those programs is contingent on shared platform investments that have repeatedly slipped. Slate’s pure-play approach, single configuration, and accessory-based customization model is a fundamentally different production thesis.
Loren McDonald, chief analyst at Paren and a frequent commentator on EV adoption, has noted that “the U.S. EV market doesn’t have a demand problem–it has a $40,000 problem. Until somebody builds a credible new EV under $30,000, electrification will remain a luxury-segment story.” Slate’s Series C is, on its face, a $650 million bet on solving exactly that gap.
Slate Auto and the RepairPal Network: Solving the Service Problem
One of the less-discussed elements of Slate Auto’s business model is its service strategy. Most EV startups have built proprietary service networks, which has been a persistent drag on capital efficiency. Rivian operates its own service centers; Tesla operates its own; Lucid operates its own. Slate has explicitly chosen a different model.
In an industry first, Slate has partnered with RepairPal, using its nationwide network of over 4,000 certified service centers. These independent shops will be authorized to perform Slate warranty work, install accessories, and handle routine maintenance. The model is structurally similar to Slate’s accessory marketplace: rather than build proprietary capacity, Slate is renting a distributed, already-built service footprint. The capital efficiency implications are large–Rivian’s service network buildout has cost the company several hundred million dollars and continues to expand.
Industry observer Edward Niedermeyer, EV analyst and author of “Ludicrous: The Unvarnished Story of Tesla Motors,” has called the RepairPal partnership “the most interesting capital-efficient idea in the Slate plan.” Whether independent shops will be willing and able to perform high-voltage warranty work at price points that satisfy Slate customers is the open empirical question, and one that will be tested in the months following December 2026 deliveries.
Historical Context: Where Slate Auto Sits in the EV Startup Wave
Slate Auto is the most-funded new U.S. EV startup to reach pre-production since the 2020â2021 SPAC wave. That wave produced Rivian (now public, market cap meaningfully below 2021 peak), Lucid (struggling with deliveries), Fisker (bankrupt), Lordstown (bankrupt), and Canoo (bankrupt). The post-SPAC era has been brutal for capital-intensive new EV makers. Slate is the first true post-SPAC challenger to assemble more than $1 billion in equity funding without going public, and it has done so almost entirely with private balance-sheet capital from Bezos, TWG, and General Catalyst.
That difference is meaningful. Rivian’s pre-IPO capital stack included substantial strategic capital from Amazon and Ford, but it also reflected a public-market story (premium EV adventure brand). Slate is building the opposite: a deliberately downmarket, accessory-platform vehicle whose value proposition is price-floor leadership. The fact that the same Bezos network is backing both Rivian (indirectly, via Amazon’s stake) and Slate is the most interesting strategic signal in the round.
Within the broader 2026 venture capital landscape, the Slate Auto Series C is one of the larger non-AI deals of the year. As covered in Q1 2026 venture capital totals, 81% of all venture capital deployed globally went to AI startups, leaving a relatively small pool for hard-tech, manufacturing, and mobility deals. Slate’s ability to close $650 million in that environment, without an AI narrative, is itself a credibility signal.
Five Predictions for Slate Auto Through 2027
Based on the financing structure, executive comments, the 160,000-reservation order book, and the broader EV market context, the following five outcomes are the most probable trajectories for Slate Auto over the next 18 months.
Prediction 1, confirmed: Slate opened paid preorders in June 2026 at an MSRP of $24,950, CNBC reported–landing right at the low end of the $24,995-to-$26,995 range this section originally forecast. The company had committed publicly to a “mid-$20,000s” target and the June 2026 announcement date, and the final number, sitting just below the $24,995 psychological anchor, maximizes the marketing impact (“starting at twenty-four thousand”) while still leaving room for the extended-range pack to carry the margin.
Prediction 2: First customer deliveries will slip from “late 2026” to Q1 2027. Every U.S. EV startup in the past decade has missed its initial delivery window by an average of 6 to 9 months. Slate’s executive comments are notably hedged (“on time and on budget”), and the Warsaw plant retrofit was still ongoing as of the Series C announcement. A January or February 2027 first-delivery date is the realistic base case.
Prediction 3: Reservation count will exceed 250,000 by year-end 2026. Once paid preorders opened in June with confirmed pricing, the order book already climbed from 160,000 to more than 180,000 reservations, CNBC reported, and continued conversion of free-deposit reservations plus new walk-ups should push the tally well past that mark by December. Whether those reservations convert to deliveries is a separate question.
Prediction 4: A Series D or pre-IPO round will follow in 2027 at $2.5B to $4B valuation. $650 million is not enough to fund Slate through full production ramp plus accessory ecosystem buildout plus working capital. Slate will likely raise again in the 12 to 18 months following first deliveries, almost certainly at a step-up if deliveries hit, almost certainly flat or down if they slip materially.
Prediction 5: At least one major OEM will copy the single-configuration accessory model. The combination of price-floor positioning, post-delivery customization, and capital-efficient service is a structurally attractive playbook. Expect Ford (already running the Maverick playbook) or a Chinese-market entrant looking for U.S. exposure to attempt a copycat program by 2028.
Risk Factors: What Could Derail Slate Auto
The bear case for Slate Auto is straightforward and well-rehearsed. First, execution risk: every EV startup has underestimated the difficulty of vehicle launches. Slate has no production track record. Second, battery cost exposure: at mid-$20,000s pricing, battery cost-per-kWh trajectories are the single largest determinant of margin viability. A 10% cost increase on cells flips gross margin negative on the standard-range pack.
Third, service network risk: the RepairPal partnership is unprecedented in the EV industry and will be tested under load. If independent shops cannot handle high-voltage warranty work at acceptable customer experience, Slate will face the same buildout cost everyone else faces. Fourth, regulatory risk: the Slate Truck is a deliberately minimalist vehicle. Federal and state regulators around mandatory infotainment, mandatory backup cameras (already required), and emerging mandatory driver-monitoring systems could force unanticipated content additions.
Fifth, tariff and trade risk: Slate’s batteries and certain electronic components are sourced internationally. A material change in U.S. tariffs on Chinese-origin EV components–a live policy question in 2026–could push the cost base above the mid-$20,000s target before the first truck reaches a customer driveway.
FAQ: Slate Auto $650 Million Series C
How much did Slate Auto raise in Series C?
Slate Auto raised $650 million in its Series C round, announced via PR Newswire on April 13, 2026. The round was led by existing investor TWG Global and brings Slate’s total capital raised since 2022 to approximately $1.4 billion.
Who are the investors in Slate Auto?
Named investors include TWG Global (Mark Walter’s investment vehicle, leading the Series C), Bezos Expeditions (Jeff Bezos’s personal investment firm), General Catalyst, and Slauson & Co. TWG Global led both the Series B and Series C.
When will Slate Auto deliver the first truck?
Slate Auto has stated that first customer deliveries are due in late 2026. Paid preorders open in June 2026, when the company will announce the final retail price. Industry precedent suggests deliveries may slip into early 2027.
How much will the Slate Truck cost?
Slate Auto confirmed a base MSRP of $24,950 when paid preorders opened in June 2026, CNBC reported, and the Los Angeles Times went on to bill the Blank Slate truck as the nation’s cheapest EV pickup on the market as of that same month, though Slate added a $1,450 destination charge in October 2026, per CNBC, pushing the effective starting price closer to $26,400. The original sub-$20,000 target depended on a $7,500 federal EV tax credit that was eliminated in 2025, and the company had already signaled a fallback goal of staying under $30,000 as early as May 2025 before landing on the mid-$20,000s figure that Bloomberg had projected for year-end 2026 and that ultimately became official.
What is the range of the Slate Truck?
The Slate Truck offers two battery options with EPA-equivalent ranges of approximately 150 miles (standard pack) and 240 miles (extended-range pack). The truck uses an NACS port and provides access to the Tesla Supercharger network.
Where is the Slate Truck manufactured?
Slate Auto will manufacture the truck in a reindustrialized former printing plant in Warsaw, Indiana, in Kosciusko County. Slate expects to invest nearly $400 million in the facility, create over 2,000 jobs, and produce up to 150,000 vehicles per year.
How many reservations does Slate Auto have?
As of April 13, 2026, Slate Auto reported over 160,000 reservations, each backed by a refundable $50 deposit, a figure that grew to more than 180,000 reservations by June 2026, CNBC reported. Paid preorders with confirmed pricing opened that same month, and by October 2026 Slate had added a $1,450 destination charge plus a Squareback and Fastback SUV kit starting at $29,950.
Who is the CEO of Slate Auto?
Slate Auto’s CEO is Peter Faricy, a former Amazon executive who previously led the company’s third-party marketplace business. Chris Barman serves as President, Vehicles, and is responsible for the engineering and manufacturing program.
External Sources
- Slate Raises $650 Million in Series C Round (PR Newswire, April 13, 2026)
- Slate Auto says $650M boost will get it to ‘next stages of production’ (Wards Auto)
- Slate secures $650 million for development of its electric pickup (Electrive)
- Reservations for Slate’s “Mid-$20,000” EV Pickup Cross 160,000 (Business Insider)
- Slate Auto (Wikipedia)
Published April 19, 2026. All figures are sourced from publicly disclosed Slate Auto materials, PR Newswire releases, Wards Auto, Electrive, Business Insider, and TechCrunch reporting on the April 13, 2026 Series C announcement. Vehicle specifications reflect the latest publicly disclosed configurations and may change before the June 2026 final price confirmation.
