That $19,990 price tag? Gone. A new federal policy just changed everything.
Whilst Slate Truck unveiled its all-electric pickup earlier this year, the EV global turned into humming. Promising a starting price under $20,000, it wasn’t just low-priced—it changed into poised to come to be the most inexpensive EV in the us, undercutting even entry-level vehicles like the Nissan Versa and Hyundai Venue.
But there’s been a major twist. Thanks to President Donald Trump’s recently passed One Big Beautiful Bill, the federal EV tax credit will disappear after September 30. And just like that, Slate’s jaw-dropping sub-$20K price vanished.
While You Care for Your Car, Care for Your Child’s Future Too 💖
A fun and educational book every parent should gift their kid.
Get Kiddy Store Fortune Now
Price Now Starts in the “Mid-Twenties
Slate quietly updated its internet site following the coverage shift. Rather than advertising and marketing a base fee under $20,000 (which relied heavily at the now-removed $7,500 federal tax credit), Slate now lists the beginning charge inside the “mid-Nineteen Twenties.”
What does that imply in actual terms? The original pre-credit score price was just below $27,500, so expect something close to that. Still low-priced for an EV truck, however, not the bargain-basement scouse borrow that grabbed headlines earlier this year.
Why the Tax Credit Was Critical
That $7,500 federal EV tax credit score made all of the distinction. With out it, the Slate Truck will become considerably less competitive. As opposed to claiming the title of the us’s most inexpensive automobile, the Slate Truck now finds itself competing with properly-equipped competitors just like the Ford Maverick, which starts offevolved at $29,840 and offers a ways greater wellknown functions.
The Slate? It’s extremely minimal—no touchscreen, no power home windows, not even a right sound system in base shape.
What the Slate Truck Still Offers
While the price hike is a bummer, Slate still has a few things going for it:
Potential state and local EV incentives still available
- Modular electric platform
- Clean, utilitarian design
- Focus on functionality over frills
- Potential state and local EV incentives still available
But let’s be honest—without the ultra-low price tag, this truck will appeal more to a niche audience than the mass market.
Delivery Timeline & Final Pricing
Slate still plans to release the truck in late 2026, so there is time for changes—each in pricing and functions. The enterprise notes that the rate is “situation to change,” depending on fabric prices and regulatory shifts.
There’s nevertheless an opportunity that kingdom-level rebates or destiny federal programs may want to deliver the effective fee backtrack; however, that’s merely a hypothesis for now
Also read: America, Meet the 1,025-HP AC GT Supersport That Makes the Demon 170 Look Like a Toy