Slate Auto, a new electric vehicle startup, is set to lease a former printing plant in Warsaw, Indiana, to produce its under-$20,000 electric trucks. The 1.4 million-square-foot facility could employ up to 2,000 people. The company, backed by investors including Jeff Bezos, has raised over $100 million. Slate plans to utilize cost-saving measures, such as using truck wraps instead of paint, to keep production costs low. The company emphasizes its commitment to American manufacturing.

Prepared by Christopher Adams and reviewed by editorial team.