Slate Auto to build cheap EVs in Indiana factory
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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.
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.
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