Slate Auto Secures $700M in Funding with Backing from Jeff Bezos and Others
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Slate Auto, a new electric vehicle company based in Michigan, has announced it has raised a massive $700 million in Series A and B funding. This substantial round was backed by some of the biggest names in investment including Jeff Bezos through his firm Bezos Expeditions, as well as General Catalyst and TWG Global.
The funding will go toward developing and launching Slate’s debut product: a minimalist electric pickup truck simply called “Truck.” Designed as a two-door workhorse with a highly modular frame, the Truck is expected to start below $27,500—making it one of the most affordable new EVs in North America.
What sets Slate apart is its DIY ethos. Owners will be able to customize their trucks with over 100 available mods and accessories, and even convert the base pickup into a full SUV using an optional kit. Explore more custom mod builds.
Production will be based in Indiana, with deliveries expected by late 2026. Customers can already place reservations for just $50, fully refundable. This launch positions Slate to compete with both legacy automakers and electric upstarts like Tesla and Rivian. See how Slate is reshaping EV lifestyle culture.
