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Buy Now, Upgrade Later: Slate’s $25K Truck Flips the Script on EVs

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A new electric vehicle startup—quietly backed by Amazon CEO Jeff Bezos—is building something bold in Michigan. Not just a car, but a whole new idea of what an EV company can be. Slate Auto is a stealthy new automaker with one mission: ditch the luxury-first EV playbook and start from the affordable —which most drivers actually seek.

The start-up has been operating out of public sight since 2022, until TechCrunch found out about its existence. Of course, creating a little mystery about a potentially game-changing concept is a well-tested marketing approach.

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But Slate truly seems to approach EVs in a very different way than most: It isn’t debuting with a six-figure spaceship-on-wheels. Instead, it’s targeting the holy grail of EV dreams: a two-seat electric pickup truck for just $25,000. Yep, twenty-five grand. That’s less than a tricked-out golf cart in some neighborhoods. Slate is flipping the Tesla model on its head. Tesla, but also the likes of Lucid, BMW, and to a certain degree, Rivian, all started with high-end vehicles to build brand and bankroll future affordable car. But Slate wants to start with the people’s pickup—and letting it grow with you.

This isn’t just a cheap car. It’s a modular, upgradeable EV that’s meant to be personalized over time. Buy the basic model now, then add performance, tech, or lifestyle upgrades later—kind of like building your own dream ride one paycheck at a time. It’s a DIY car for a generation raised on customization and subscriptions. The company even trademarked the phrase: “We built it. You make it.”

Backing up this idea is an equally bold strategy: selling accessories, apparel, and utility add-ons à la Harley-Davidson and Jeep’s MoPar division. You’re not just buying a vehicle; you’re buying into a lifestyle. Think affordable EV meets open-source car culture.

Slate’s approach isn’t just novel—it’s almost rebellious. At a time when other startups risk folding under the weight of their own lofty ambitions, Slate is keeping things lean, scalable, and customer focused. The company reportedly plans to source major components like battery packs and motors from outside suppliers, keeping manufacturing costs low while focusing energy on design, experience, and upgrade paths.

Sure, it’s all been kept under wraps—until now. With plans to begin production near Indianapolis by next year, the wraps are about to come off this EV underdog.

While, at least in spirit, the U.S. market has been dominated by high-end EVs, Slate’s “start small, scale with you” philosophy might be just the jolt the industry needs.

Nick Godt
Freelance reporter
Nick Godt has covered global business news on three continents for over 25 years.
Electric Muscle Misfire? Dodge Pulls Charger Daytona R/T from 2026 Lineup
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The Dodge Charger Daytona R/T, once hailed as the vanguard of Dodge’s electric muscle car future, is being dropped for the 2026 model year.
According to a report from MoparInsiders, the Scat Pack variant will now lead the Daytona lineup, marking a significant pivot in Stellantis’ EV strategy.
Originally introduced with bold ambitions, the Charger Daytona R/T was designed to offer an accessible gateway into electric performance. With its 456-horsepower dual-motor setup and optional 509-horsepower Direct Connection stage kit, it seemed poised to excite both muscle car fans and EV newcomers. However, market realities have painted a different picture.
Industry and media reports highlight the core issue: buyers just weren’t biting. Despite its impressive specs and nostalgic design cues, the R/T struggled to justify its price tag, starting near $60,000. At that level, buyers expected either more performance or more premium features. Without strong sales traction, Dodge made the tough call to shelve the R/T variant for 2026, opting instead to focus on trims that resonate better with customers.
As we reported in December, the Charger EV was launched with an off-beat marketing message to “save the planet from self-driving sleep pods.” The goal was to retain Dodge’s brand identity—muscle, aggression, and driver engagement—even in the electric era. The Charger Daytona R/T was supposed to be the perfect balance of price and performance, but it seems the target audience wasn’t ready to make that leap at that price.
Importantly, this doesn’t spell the end of the Charger Daytona altogether. Higher-performance models like the Scat Pack and Banshee are still in the pipeline and, interestingly, are being adjusted for price competitiveness. Several trims are reportedly seeing price cuts, suggesting Stellantis is serious about making these vehicles more appealing and accessible.
For enthusiasts, the takeaway is clear: the electric muscle car isn’t going anywhere, but automakers are still figuring out how to sell it. The demise of the R/T is less a failure and more a recalibration—proof that even the boldest plans need to stay flexible in the face of consumer demand.

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The all-electric Cadillac Vistiq makes the Escalade redundant
2026 Cadillac Vistiq front-quarter view.

Cadillac wants a full lineup of electric vehicles, and it’s nearly there. It has a standard crossover SUV (the Lyriq), an entry-level model (the Optiq), an electric version of its flagship Escalade (the Escalade IQ), and even a baroque showpiece (the Celestiq). But something’s missing.

For a modern luxury brand, a midsize three-row crossover is key. Customers for whom a Toyota Highlander is too déclassé need something to take their kids to lacrosse practice, but may not want something as big as an Escalade. This isn’t the most exciting design brief, and that’s reflected in the gasoline Cadillac XT6, which has always felt like nothing more than a placeholder. Its new electric counterpart, the 2026 Cadillac Vistiq, is anything but.

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With the Ioniq 9, Hyundai struggles to clear its own high bar
2026 Hyundai Ioniq 9 front quarter view.

Hyundai has used the clean-sheet nature of electric powertrains to make new vehicles radically different from its internal-combustion models, but what happens when the best thing a new car can be is ordinary? The 2026 Hyundai Ioniq 9 is a three-row SUV that, to succeed, needs to prioritize space and an effortless ownership experience over radical styling or sports-car driving dynamics. That doesn’t leave much room for creativity, but Hyundai has done its best by giving the Ioniq 9 futuristic styling combined with the proven E-GMP dedicated EV platform from its other Ioniq models and the Kia EV9.  The enthusiastic response to the EV9, from Hyundai’s sibling brand, shows why, despite having two gasoline three-row SUVs in its lineup already, Hyundai needed an all-electric one as well.

Another daring design from Hyundai

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