Slate Auto, a Jeff Bezos-backed EV startup, raised $650 million in Series C funding led by TWG Global to accelerate pickup truck production scheduled for end of 2026. The round brings total funding to roughly $1.4 billion and reflects the company's Amazon pedigree across leadership and investor base. The funding arrives amid EV market turbulence, with major automakers retreating from EV plans and competitors like Rivian and Lucid Motors struggling to reach scale.
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Slate Auto raises $650M to fund its affordable EV truck plans
Bezos-backed Slate Auto secures $1.4B total funding with its $650M Series C to launch an affordable EV pickup truck by late 2026, targeting a market segment where competitors like Rivian are struggling to scale profitably.
Monday, April 13, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline
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