Slate raises $650 million to make its budget electric truck

The Verge The Verge —

Slate Auto, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to build an affordable electric pickup truck expected to start in the mid-$20,000s.

The company plans on delivering its first EV later this year.

The Series C round was led by TWG Global, headed by Guggenheim Partners founder and […]

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