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Here’s why Slate changed the battery in its cheap EV truck

Jeff Bezos-backed Slate Auto is replacing originally planned Nickel-Manganese-Cobalt battery packs with Lithium-Iron-Phosphate cells. This shift aims to reduce production costs by approximately 40% to maintain a low entry price. The compact electric truck targets the title of the cheapest truck in America.

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What changed

Slate Auto pivoted its battery strategy from NMC to LFP cells to lower costs and simplify the product.

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  1. Slate Auto Switches to LFP Battery for Budget Electric Pickup

    Jeff Bezos-backed Slate Auto is replacing originally planned Nickel-Manganese-Cobalt battery packs with Lithium-Iron-Phosphate cells. This shift aims to reduce production costs by approximately 40% to maintain a low entry price. The compact electric truck targets the title of the cheapest truck in America.

    What's confirmed:

    • Slate Auto is backed by Jeff Bezos.
    • The electric pickup truck has a starting price of $24,950.
    • The truck features hand-crank roll-up windows and lacks a radio.
    • Slate Auto is replacing Nickel-Manganese-Cobalt battery packs with Lithium-Iron-Phosphate cells.
    • LFP cells are approximately 40% cheaper to produce than NMC cells.

    Still unconfirmed:

    • Slate Auto targets positive cash flow next year.
    • The truck can later be converted into an SUV.
    • The company eliminated an optional 240-mile battery pack and increased the standard pack from 150 miles.
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