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Slate Auto’s $20K EV Truck Dream Collapses Under Trump’s “Big Beautiful Bill”

Slate Auto’s sub-$20K electric pickup is no more—Trump’s new bill kills the EV tax credit that made the price possible.

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Last Updated on July 7, 2025 by Daily News Staff

Slate Auto

Image Credit: Slate Auto

The Affordable EV Dream, Derailed

Slate Auto made waves in early 2025 by announcing an electric pickup truck with a revolutionary promise: a starting price under $20,000. With a minimalist, modular design and direct-to-consumer sales model, the company hoped to disrupt the industry by delivering a rugged, no-frills EV that everyday drivers could actually afford.

But that promise may now be broken.

In July 2025, the newly passed “Big Beautiful Bill” from President Donald Trump eliminated the $7,500 federal EV tax credit, a cornerstone of Slate’s pricing model. And as of now, Slate has quietly removed its sub-$20K price claims, signaling a dramatic shift in its market positioning.

What Was the Original Plan?

Slate Auto’s vision was simple:

Base price of the pickup: ~$25,000 Subtract $7,500 tax credit → final cost: $17,500 Optional bolt-on accessories and upgrades for customization

This formula positioned the Slate truck as a compelling solution for tradespeople, students, rural drivers, and eco-conscious buyers seeking low-cost alternatives to gas trucks.

What Changed?

The Trump administration’s “Big Beautiful Bill,” passed in July 2025, includes a provision that eliminates all federal EV tax credits starting September 30, 2025. That means:

No more $7,500 off at the point of sale Budget EVs like Slate’s are left to float—or sink—on their true retail pricing EV industry analysts warn of broader slowdowns in adoption

For Slate, it means their truck is no longer “America’s first under-$20K EV pickup.” Instead, the expected price now ranges from $25,000 to $27,500, and could rise to $35K with add-ons—putting it closer to competitors like the Ford Maverick Hybrid and Chevy Equinox EV.

The Fallout

This change hits hard for Slate, which built its brand on simplicity and accessibility. Without the tax credit:

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Entry-level customers are priced out Preorder holders may cancel based on unexpected price hikes Market differentiation is weakened, as affordability was Slate’s primary value proposition

Meanwhile, critics argue the rollback of tax credits slows EV adoption at a critical time in the climate fight. Environmental groups and consumer advocates are already pushing back, saying the bill disproportionately hurts low- and middle-income Americans who were just beginning to consider electric vehicles.

What’s Next for Slate?

Slate says it still plans to begin production in late 2026, but without the EV credit, it must rework its pricing strategy and value offering. Possibilities include:

Offering fewer standard features Creating stripped-down fleet or worksite models Lobbying for state-level incentives to offset federal losses

Whether these changes will be enough to keep Slate competitive remains to be seen.

Final Thoughts

The electric vehicle space is undergoing seismic shifts, and the demise of the federal EV tax credit is likely to create ripple effects across the industry. For Slate Auto, the dream of a sub-$20K EV pickup may be over—but if they can pivot wisely, the company could still carve out a niche in the fast-evolving electric truck market.

Visit Slate Auto: https://www.slate.auto/en

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Automotive

Driving Habits May Cost More Than You Think: Data-Backed Driving Techniques to Reduce Fuel Costs and Vehicle Wear

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Rising Fuel Costs

(Feature Impact) If you’re feeling pain at the pump, you’re not alone. However, it’s not just rising gas prices that can impact your wallet – it might be your own habits on the road that negatively impact fuel efficiency and add extra strain to your vehicle.

With gas prices fluctuating by more than $1 per gallon nationally in recent years, Mercury Insurance is highlighting how driver behavior can significantly influence fuel costs.

According to the U.S. Department of Energy, aggressive driving – rapid acceleration and hard braking – can reduce fuel economy by up to 40% in city driving and 30% on highways, increasing annual fuel expenses by hundreds of dollars.

For the average American driver, that inefficiency adds up quickly. AAA estimates that annual fuel costs can exceed $2,000 depending on vehicle type and region. A 30-40% reduction in fuel economy can translate into hundreds of dollars in additional fuel expenses each year – before factoring in the added wear on key vehicle components.

“Most drivers think of aggressive driving as a safety issue, but it’s also a cost issue,” said John Dicken, director, material damage claims at Mercury Insurance. “From a claims standpoint, we see how habits like hard braking and rapid acceleration accelerate wear on brakes, tires and suspension components. Smoother driving isn’t just more efficient – it helps reduce preventable damage over time.”

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The Hidden Cost of Driving Aggressively

Fuel is only part of the equation.

  • Brake replacement can range from $300-800 per axle, depending on the vehicle.
  • A new set of tires can cost $600-1,200 or more.
  • Poorly maintained or underinflated tires can lower gas mileage by roughly 0.2% for every 1 PSI drop in pressure, according to federal transportation data.

Over time, inconsistent maintenance and aggressive driving habits compound these costs.

“Driving behavior directly impacts how often certain parts need to be replaced,” Dicken said. “When drivers anticipate traffic, maintain steady speeds and keep up with routine maintenance, they reduce strain on their vehicle and potentially avoid unnecessary repair expenses.”

Practical Eco-Driving Tips That Make a Measurable Difference

Consider these strategies recommended by Mercury Insurance to improve efficiency and reduce vehicle wear:

Accelerate gradually: Avoid rapid starts and jackrabbit acceleration, which significantly reduce fuel economy.

Brake smoothly and anticipate stops: Looking ahead and easing into stops reduces stress on brake systems.

Maintain consistent speeds: Using cruise control on highways can help improve fuel efficiency.

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Keep tires properly inflated: Check tire pressure monthly and before long trips. If you’re unsure what your vehicle’s tires should be inflated to, locate the sticker inside the driver’s side door jamb for the proper PSI inflation or refer to the owner’s manual.

Remove excess weight: Extra cargo and unused roof racks reduce efficiency and increase drag.

Efficiency, Safety and Sustainability

The Environmental Protection Agency reports that transportation accounts for roughly 28% of total U.S. greenhouse gas emissions. While vehicle technology continues to improve, individual driving behavior remains one of the most immediate ways drivers can reduce both fuel consumption and environmental impact.

“Small, consistent changes in how we drive can produce meaningful savings over time,” Dicken said. “It’s one of the simplest ways drivers can protect both their budget and their investment.”

For more information about efficient driving and other cost saving measures, visit MercuryInsurance.com/Resources.

Photos courtesy of Shutterstock

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track

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Mercury Insurance

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Jay Leno Test Drives the Slate Truck as Startup Pushes Toward 2026 Launch

The affordable electric pickup from Slate Auto is gaining attention after Jay Leno test drove the prototype on Jay Leno’s Garage. Here’s the latest update on pricing, features, reservations, and the planned 2026 production launch.

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Two modern vehicles in industrial setting. Slate Truck

Testing the Slate Truck

The affordable electric pickup from Slate Auto is continuing to gain attention as the startup moves closer to production. One of the most visible recent developments came when legendary car collector and TV host Jay Leno featured the truck on his popular YouTube series Jay Leno’s Garage.

The episode offered one of the most detailed looks yet at the upcoming Slate Truck, including a real-world test drive, design insights, and a closer look at the company’s philosophy behind building what could become one of America’s most affordable electric vehicles.

Watch the Jay Leno Test Drive

The $25K EV Truck You Can Repair Yourself: Meet The Slate Truck | Jay Leno’s Garage

What Jay Leno Revealed About the Slate Truck

During the episode, Leno drove a pre-production prototype of the truck while engineers from Slate Auto explained the design approach.

Unlike many modern EVs packed with luxury features, the Slate Truck is intentionally simple.

Key highlights from the test drive include:

A Focus on Simplicity and Repairability

One of the most notable ideas behind the truck is that it is designed to be easy to repair and modify. Instead of relying on proprietary parts or complex electronics, the vehicle uses a more straightforward architecture that could allow owners or independent mechanics to work on it.

This approach contrasts with many EVs that require dealership service or specialized tools.

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Modular Body Panels and Customization

The Slate Truck is built around a modular platform with removable exterior panels and optional accessory kits.

According to the company, owners will be able to customize the vehicle with:

Different body panel styles Accessory racks and cargo options A potential conversion kit that can transform the pickup into a small SUV

The idea is to allow the vehicle to evolve with the owner’s needs over time.

Minimalist Interior

Inside the prototype shown to Leno, the truck features a very basic interior layout.

Instead of a large infotainment system, the vehicle relies heavily on smartphone integration and simpler controls to keep costs down. This minimalist philosophy is part of the company’s effort to build a lower-cost EV.

Pricing and the “Affordable EV” Promise

When the truck was first revealed in 2025, Slate Auto suggested the vehicle could cost under $20,000 after incentives.

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However, with changes to federal EV incentives and updated pricing expectations, analysts now estimate the truck will likely start around the mid-$20,000 range.

Even at that price, the vehicle could still become one of the most affordable electric trucks available in the United States.

Production Plans in Indiana

The company plans to manufacture the truck in Warsaw, Indiana, where a large former industrial facility is being converted into an EV factory.

Production targets include:

Production start: Late 2026 Early deliveries: Possibly 2027 Potential capacity: Up to about 150,000 vehicles per year once fully ramped

Strong early interest has also been reported, with more than 100,000 reservations placed for the truck shortly after its reveal.

A Different Kind of Electric Truck

The Slate Truck is entering a market where most electric pickups—such as the Ford F-150 Lightning and Rivian R1T—sit at much higher price points.

Rather than competing on luxury or performance, the Slate Truck is aiming to fill a different niche: a practical, customizable, and relatively affordable electric work vehicle.

If the company can deliver on its promises, it could open the door to a new category of budget-friendly EVs.

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For now, the test drive on Jay Leno’s Garage provides one of the clearest glimpses yet at how the truck might perform in the real world.

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Further Reading and Information

Welcome to the Consumer Corner section of STM Daily News, your ultimate destination for savvy shopping and informed decision-making! Dive into a treasure trove of insights and reviews covering everything from the hottest toys that spark joy in your little ones to the latest electronic gadgets that simplify your life. Explore our comprehensive guides on stylish home furnishings, discover smart tips for buying a home or enhancing your living space with creative improvement ideas, and get the lowdown on the best cars through our detailed auto reviews. Whether you’re making a major purchase or simply seeking inspiration, the Consumer Corner is here to empower you every step of the way—unlock the keys to becoming a smarter consumer today!

https://stmdailynews.com/category/consumer-corner

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Automotive

Formula 1 Roars Back to Downtown Phoenix with Red Bull Showrun

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Downtown Phoenix experienced the thunder of Formula 1 engines once again on Saturday, March 14, 2026, when the Red Bull Showrun transformed East Jefferson Street into a temporary motorsports stage. The free public event drew large crowds eager to see a real Formula 1 car perform high-speed demonstrations through the heart of the city.

Race car near colorful mural. Red Bull Showrun - Phoenix
Oracle Red Bull Racing in Phoenix, Arizona, USA on February 10, 2026. Colin Kerrigan – Red Bull Content Pool

The star of the event was the legendary Red Bull RB7, one of the most dominant machines in modern Formula 1 history. Fans watched as the car blasted down the temporary street course performing burnouts, donuts, and acceleration runs that echoed between downtown buildings.

A Championship Machine on City Streets

Originally driven to the 2011 Formula 1 World Championship by Sebastian Vettel, the RB7 represents a golden era for Red Bull Racing. The car is known for its aerodynamic design and remarkable performance during the 2011 season.

During the Phoenix showrun, the car was piloted by Scott Speed, a former Formula 1 competitor and experienced motorsports driver. He was joined by Nikola Tsolov, a rising talent in Red Bull’s junior driver development program.

Together, the drivers delivered a high-energy demonstration that gave spectators a rare opportunity to witness the power and precision of Formula 1 machinery up close.

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Patrick Friesacher drives at Red Bull Showrun in Phoenix, Arizona, USA on March 14, 2026. – Chris Tedesco – Red Bull Content Pool

A Tribute to Phoenix’s Formula 1 Legacy

The event also served as a reminder of Phoenix’s unique place in Formula 1 history. The city previously hosted the United States Grand Prix (Phoenix street circuit), which ran through downtown streets from 1989 through 1991.

During those races, fans watched legendary drivers such as Ayrton Senna compete on the challenging desert street circuit.

Although the Grand Prix eventually moved to other locations, the Red Bull Showrun brought the spirit of Formula 1 back to Phoenix for a new generation of motorsports fans.

Formula 1’s Growing U.S. Momentum

The Phoenix showrun comes at a time when Formula One is experiencing unprecedented growth in the United States. The sport now hosts three annual races in Austin, Miami, and Las Vegas.

Promotional events like the Red Bull Showrun help introduce the sport to new audiences and reconnect cities with their racing heritage.

For longtime Phoenix residents, the sound of a Formula 1 engine echoing through downtown streets was more than just a spectacle—it was a powerful reminder of the city’s motorsports past and the growing popularity of Formula 1 across America. 🏎️🔥

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Stay updated with the latest automotive news, vehicle technology, industry trends, and transportation innovations. The STM Daily News Automotive section explores how cars, electric vehicles, and mobility solutions are shaping the future of the road.

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