Slate Update - CleanTechnica

Slate Motors, led by CEO Chris Barman, is focusing on producing a bare-bones, entry-level electric truck aimed at affordability and practicality rather than luxury or advanced autonomous features. Barman, an electrical engineer with two decades of experience at FiatChrysler and collaborations with Waymo, emphasizes that while some consumers want AI and autonomous driving, the majority still prefer to drive themselves. The company raised $100 million in Series A funding in 2023, including investment from Slauson & Co. Barman highlights the challenge many Americans face in affording new vehicles, with average new car prices around $50,000 and used cars about $27,000, which often exceed typical affordable monthly payments for most households. Slate Motors aims to offer a new vehicle priced around $25,000 that meets top safety standards (NCAP five-star and IIHS Top Safety Pick) and includes an industry-leading warranty. The truck is designed with essential features only, such as manual windows and an old-fashioned