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Slate Auto's Budget EV Truck Jumps Above $20,000 as Trump's Bill Ends Federal Tax Credits
- Slate Auto, backed by Jeff Bezos, has updated its website to show its modular electric pickup priced in the mid-twenties, replacing an earlier under $20,000 estimate.
- This adjustment in pricing comes in response to the upcoming passage of President Donald Trump's Big Beautiful Bill, which will terminate the federal tax incentive of $7,500 for newly manufactured electric vehicles in the United States starting this September.
- Slate had originally planned a no-frills truck built in Indiana, priced below $20,000 after federal incentives, relying heavily on this subsidy to attract customers with a basic design lacking a radio, touchscreen, and paint.
- The disappearance of the under $20,000 price tag was reported as recently as Thursday, and Slate cautions the base price may rise since federal incentives are subject to change.
- Without the federal tax credit, Slate faces a stronger pricing challenge against competitors offering fuller-featured EVs near $30,000, leaving the company to demonstrate its truck’s value despite stripped-down elements and late 2026 production.
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Whoops — US EV Tax Credits Ended Sooner Than Expected In Big Bad Budget Bill - CleanTechnica
Two weeks ago, I wrote that the Republican plan to cut electric vehicle incentives may lead to a huge surge in EV sales through the end of the year, but that was based on the plans that had been proposed in the early stages of the bill. As it turns ... [continued] The post Whoops — US EV Tax Credits Ended Sooner Than Expected In Big Bad Budget Bill appeared first on CleanTechnica.
Slate Auto's budget EV truck jumps above $20,000 as Trump's bill ends federal tax credits
There's been plenty of excitement surrounding the Slate Truck, the first vehicle from the Jeff Bezos-backed Slate Auto. Thanks to its no-frills design, including plastic body panels, a lack of touchscreen, radio, or Bluetooth, and other stripped-down elements, it was set to arrive with a sub-$20,000 price.Read Entire Article
Slate Auto ditches 'under $20,000' price tag for its pickup EV after Trump's 'Big Beautiful Bill' passes
The Slate Truck was expected to be priced from $20,000 after federal incentives when it went on sale in 2026.Slate AutoSlate Auto has quietly removed the "under $20,000" expected price tag for its electric pickup truck.Trump's huge tax bill is set to scrap federal EV incentives, which Slate had hoped to qualify for.Slate's website now says it expects its modular pickup to be priced in the "mid-twenties."Slate's plan to sell its no-frills electri…
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