Slate Auto is pressing on with its plan to launch an affordable EV, and it is doing so at an awkward moment, with US appetite for electric cars on the wane. Order books open later this month, though the company still has not put a number on the car. As Slate inches toward production, a less obvious backer has come to light: Carvana.

While Carvana is best known as a used-car retailer, it has recently been expanding into new-car sales, snapping up several former Stellantis dealerships across the country. Last year, it was given a warrant to purchase shares in Slate Auto at roughly the same time the car manufacturer started organizing its Series C funding round, which raised $650 million.

Read: Slate Will Take Your Order For Its Cheap EV On June 24, Price Sold Separately

Filings with Delaware’s division of corporations have exposed the connection between the two companies, but they stop short of confirming whether Carvana actually exercised the warrant, and if it did, how many shares it walked away with.

According to a report from Tech Crunch, Carvana revealed in a March filing that it had been granted a warrant to purchase shares in an unnamed “products company” last year, noting the total value of the warrant was $1.5 million at the end of 2025. It’s unclear if this reference was in relation to Slate Auto or another company.

Who Else Has Invested?

Slate Auto has raised approximately $1.4 billion to date, although limited details are available on its investors’ holdings. Amazon founder Jeff Bezos is known to be a major investor, as is the billionaire chief executive of Guggenheim Partners, Mark Walter. Other known investors include General Catalyst, Slauson & Co, and Amazon executive Diego Piacentini.

According to the automotive startup, prices for the all-electric truck will start somewhere in the “mid-$20,000” range. This is more than the sub-$20,000 price tag initially promised by Slate, but that was before the Trump administration axed the $7,500 federal EV tax credit.

For Slate Auto, it’s been a wild ride since its inception four years ago. Initially, it planned to bring an EV to market for less than $20,000. Then Donald Trump cancelled the $7,500 tax credit that made such a price feasible. Now, the company is about to open up order books on June 24, but there’s still something missing… the price buyers will have to actually pay.

Today, the electric vehicle startup backed by Amazon’s Jeff Bezos sent an email to prospective buyers saying that preorders will begin in June. Specifically, they’ll open on June 24, and those who jump on board early will evidently get a “delivery window before non-reservers.”

More: Slate Auto Replaces CEO Just Months Before Launching $25K–$30K EV

That date is about a month away as of this writing, and there’s still no official base price for the small electric pickup truck. The number is apparently dropping the same day orders open. For now, Slate only says the truck will start somewhere in the “mid-$20,000” range.

If not knowing the price was one hurdle for hand-raisers, the preordering and reservation process might be another. According to a post on Slateforums, on June 24, those with an existing reservation will have an assigned delivery window and a link to finish their preorder.

Customers will need to pay a $300 non-refundable deposit (minus their $50 reservation fee if they have one already). Those with a reservation have 30 days starting on the 24th to submit their deposit. Slate evidently has over 160,000 reservation holders.

Photos Slate

If those 30 days pass, they can still preorder, but their delivery window will shift further back in the queue. Importantly, the deposit will go toward the final price of the vehicle. The email to customers claims that in the fall of this year, they’ll have the option to pick their wrap and accessories, select financing, finalize the purchase, and then choose how they’d like to take delivery of their Slate.

Read: Slate’s New Electric Truck Is So Basic Even The Repair Network Is DIY

Keep in mind that even for those who do make a reservation and follow through on the preorder, they’ll have to wait to get delivery until mid-2027. Between now and then, Slate says it’ll offer customers the chance to see the vehicle up close, but there’s no word on exactly how that’ll take place or where those locations will be. Hopefully, the preorder rollout answers the bevvy of questions piling up.

Photos Slate

Chinese car brands can’t even sell their vehicles in the United States, yet they’re creating loyal fans across the country, largely thanks to targeted campaigns with the help of popular automotive content creators. If these brands ever do get the go-ahead to sell cars locally, established players will need to watch their backs.

If you follow any of these influencers, you’ve probably seen plenty of Chinese cars being tested on American roads, despite not being available here. Forrest Jones, who helped to pioneer short-form car reviews on TikTok, has reviewed a bunch of these over the past couple of years, generating tens of millions of views.

Read: China Is Blocked From Selling Cars In America, Yet Three Democratic Senators Still Sent This Letter

Speaking with Bloomberg, Jones says some of his highest engagement comes from his Chinese car content. Last year, tech YouTuber Marques Brownlee tested the popular Xiaomi SU7 in the US, and that video alone, with 10 million views, reportedly generated $1.2 million in unpaid brand exposure for the company.

The Chinese Are Taking Over

Data from Sprout reveals that, thanks to Brownlee’s video and others, Xiaomi’s TikTok following jumped 20 percent in 2025. Remarkably, roughly half of these 7.8 million followers are from the United States. Videos like Brownlee’s also lead to spikes in inquiries from Americans.

According to China EV Marketplace, a popular e-commerce platform that exports Chinese EVs overseas, it received more than 1,000 price-quote requests from the US after Brownlee released his video, with most seemingly unaware that EVs like the SU7 can’t be legally insured and titled in the US.

A Chinese automotive content platform called Beijing Dongchedi Technology Co., or DCar, is helping give Chinese cars exposure in the US. Spun out of ByteDance, the company behind TikTok, in 2023, DCar has been “courting American influencers to create content for its mobile app and showcase Chinese tech,” Bloomberg writes, with 10 million daily active users in China.

Bloomberg reports that in early 2025, DCar funded a trip to Alaska for YouTubers including Richard Benoit, better known as Rich Rebuilds, presenting him with a catalog of electric models such as the BYD Fangchengbao and Wuling Bingo before shipping the cars stateside. DCar covered Benoit’s travel and paid him a fee equal to “the price of a cheap Chinese EV” for his coverage, he told Bloomberg.

The company told the outlet it purchased or rented all the models itself, with no participation from the carmakers, to maintain “objectivity and veracity.” In return, DCar gets a barrage of slickly produced influencer posts introducing it to a wider audience.

For what it’s worth, Chinese brands like BYD and Xiaomi insist they have no immediate plans to start selling passenger cars in the United States. However, with loopholes potentially opening, you can be assured they’ll be lobbying hard to loosen regulations so they can gain access to the American market.

Slate Auto burst onto the scene a year ago as they introduced their affordable electric truck on April 24, 2025. It generated a ton of interest thanks to a starting price of under $20,000 after federal incentives.

Fast forward a year and the company hasn’t said much since then. Sure, they post flashy videos on social media, but there’s a concerning lack of substance for a vehicle that’s supposed to be launched in the coming months.

More: Slate’s $28K EV Truck Is So Basic Even The Repair Network Is DIY

The last update came on April 16, when Slate revealed they received $650 million in funding and have secured over 160,000 reservations. That’s a lot, but you can reserve the vehicle for $50 and the fee is fully refundable. Furthermore, as we’ve seen with the Tesla Cybertruck, a huge number of reservations doesn’t always pan out to be a ton of orders – especially when the price jumps significantly.

Despite a lack of meaningful updates, the company has previously said the truck will have a 52.7 kWh battery that feeds a rear-mounted motor producing 201 hp (150 kW / 204 PS) and 195 lb-ft (264 Nm) of torque. That should enable the model to accelerate from 0-60 mph (0-96 km/h) in eight seconds, before hitting a top speed of 90 mph (145 km/h).

This is said to give the truck a range of 150 miles (241 km), but the company has mentioned an optional 84.3 kWh battery pack that increases the distance to 240 miles (386 km). When the battery is low, a 120 kW DC fast charger can take it from 20-80% in less than 30 minutes.

While we know a number of specifications, additional details are hazy. However, Slate has said the model will have 17-inch steel wheels, crank windows, and a universal phone mount as your smartphone will function as the infotainment system.

The company has also touted a handful of driver assistance systems such as active emergency braking, forward collision warning, and up to 8 airbags. More notably, the truck will be offered with a flat-pack accessory kit that transforms the vehicle into an SUV complete with a roll cage and a rear seat. The company has also promised over 100 accessories and an assortment of wraps.

While the silence is becoming deafening, Slate has promised to reveal more details in June. That’s when final pricing will be announced and when customers can begin pre-ordering the truck.

With the federal tax credit eliminated, Slate now says the model is expected to begin in the “mid-$20,000’s.” That’s significantly more than the original estimate of under $20,000 and it’s roughly on par with the $28,145 Ford Maverick. More worryingly for Slate, the Blue Oval is also working on a $30,000 electric truck, but they’ve been pretty tight-lipped about it themselves.

Electric vehicle registration is on the rise in Wisconsin. But battery life unease is a roadblock preventing wider adoption of EVs. Wisconsin's DOT Secretary visited "The Larry Meiller Show" to discuss what the DOT is doing to alleviate the "plug-in panic."

The post Wisconsin DOT hoping to pump the brakes on EV users’ range anxiety appeared first on WPR.

WHAT YOU NEED TO KNOW: California’s demand for zero-emission vehicles (ZEVs) is surging despite federal attempts to derail the Golden State’s pursuit of a 100% clean energy future. A record 29.1% of all new cars purchased in Q3 of 2025 were ZEVs. SACRAMENTO — Today, Governor Gavin Newsom announced that Californians purchased 124,755 zero-emission vehicles (ZEVs) in the third …

The post California Smashes ZEV Sales Record in Q3   appeared first on Alternative Energy HQ.

Arkansas hospital increases energy efficiency by diagnosing cooling tower issues and treating its entire mechanical system.Healthcare facilities require a substantial amount of energy to operate. In fact, the average hospital consumes approximately 250% more energy than a comparably sized commercial building, according to the U.S. Department of Energy. As hospitals face increasing financial pressure to …

The post From Cooling Towers to Cost Savings: Hospital Seizes Power-Saving Opportunity appeared first on Alternative Energy HQ.

Saildrone, the global leader in maritime autonomy, today announced it is establishing a European subsidiary in Denmark, to address the urgent need for maritime domain awareness in European waters. Announced at the Maritime Industry Symposium at the Danish Embassy in Washington, DC, Saildrone Denmark will be a European entity, based in Copenhagen, Denmark. This strategic …

The post Saildrone opens in Denmark appeared first on Alternative Energy HQ.

New Poll: American Voters Support Federal Investments in Electric Vehicles Broad, Bipartisan Support for EV Investments and Incentives that Lower Costs, Expand Access, and Help the U.S. Beat China in the Race for Auto Manufacturing WASHINGTON, D.C. – A new bipartisan national poll conducted by Meeting Street Insights and Hart Research finds broad public support …

The post Support for Electric Vehicles appeared first on Alternative Energy HQ.

Bergen, Norway February 17th, 2025 — Since going into service in 2015, the MF Ampere has now sailed an astonishing distance equivalent to 17 times around the equator on batteries alone, solidifying its place as a groundbreaking achievement in sustainable maritime transport. A decade on and the Ampere continues to showcase the transformative potential of electric …

The post World’s first fully electric ferry celebrates 10 years of success appeared first on Alternative Energy HQ.