Slate Auto opens preorders for $24,950 electric pickup
The minimalist electric truck is priced above Slate’s early goal but below key pickup and EV benchmarks cited by The Verge.
By Maya Lindqvist · Senior Technology Correspondent
2 min read
Slate Auto has set a $24,950 starting price for its electric pickup and opened preorders, according to The Verge. The price gives the American-made truck a lower entry point than other new pickups and EVs on the U.S. market, The Verge reported.
The figure lands above Slate’s earlier ambition to sell the truck for less than $20,000. The Verge reported that Slate moved away from that target last year after the Trump administration announced the end of the $7,500 federal electric vehicle tax credit.
Preorders and timing
Slate says buyers can place a preorder with a $300 non-refundable deposit. Customers who pay within the first 30 days can secure a delivery date, according to Slate’s preorder information cited by The Verge.
Production is scheduled to start in autumn 2026, The Verge reported. Deliveries are expected to begin in late 2026, while customers who preorder after the 30-day window will be assigned later delivery slots, according to Slate.
The company has taken about 180,000 reservations so far, Slate told The Verge. That reservation count suggests there is early demand for a lower-cost electric truck, though reservations are not the same as completed sales.
How the price compares
The Verge described the Slate truck as a minimalist vehicle, but said the $24,950 price is notable against current vehicle prices. Cox Automotive data cited by The Verge put the average new-vehicle transaction price at $49,220 in May.
Small and midsize pickups averaged $43,044, while new EVs averaged $54,532, according to Cox Automotive figures reported by The Verge. Kelley Blue Book data cited by The Verge put the average used-vehicle price at $26,918.
The Verge also compared Slate’s starting price with other relatively low-cost options. It reported that the Ford Maverick pickup starts at about $30,000, while the Chevrolet Bolt EV begins at roughly $29,000.
Those comparisons place Slate’s truck below the entry prices The Verge cited for its closest pickup rival and one of the cheapest electric cars. The company’s challenge now is to turn reservations into deliveries while keeping the vehicle near the price it has announced.
This story draws on original reporting from The Verge.