Account

The Actual News

Just the Facts, from multiple news sources.

Slate’s Affordable, American-Made EV Is What’s Been Missing

Slate’s Affordable, American-Made EV Is What’s Been Missing

Summary

Slate is a new car company aiming to make affordable electric vehicles (EVs) made in America. The company’s president, Chris Barman, leads efforts to build and sell a simple, reasonably priced EV for middle-class families. Slate plans to start production in Indiana and sell its cars differently than traditional automakers.

Key Facts

  • Slate began as Project Re:Car, focused on creating affordable vehicles like old models such as the Ford Model T.
  • The company makes one basic version of the car that customers can add accessories to after purchase.
  • Chris Barman is the president and has been deeply involved in the development, manufacturing, and launch plans.
  • Slate’s factory is located in Warsaw, Indiana.
  • The company aims to produce affordable cars with fewer features and less complexity to keep costs low.
  • Slate uses a faster, more flexible approach than traditional automakers like Ford and General Motors.
  • Slate plans to avoid selling cars through regular dealerships, using a different sales strategy.
  • The first vehicle is expected to come to market later in 2024.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.