Ford’s plan to bring out a midsize $30,000 battery-electric pickup could be great news for buyers looking for an affordable EV. But it might be bad news for Slate, the suburban Detroit start-up that only recently announced plans to launch its own low-cost truck. More from Headlight.News.
If you’re looking to buy a battery-electric vehicle you might want to move fast. Under the controversial spending bill passed by Congress last week federal tax credits covering new and used EVs will expire at the end of September. Headlight.News has more.
New vehicle prices are near record levels, especially in the full-size truck market. But don’t expect Ram to bring back the cut-rate Classic version of the big 1500 model. “The $40,000 truck is dead,” said CEO Tim Kuniskis during a background briefing on Tuesday. Kuniskis recently returned to Ram after a brief “retirement,” and said the brand will make 25 product-related announcements in the coming months, and that’s likely to include more on a new midsize pickup, as well as details on the rollout of both the EV and range-extender versions of its full-size Ram 1500. More from Headlight.News.
A low-profile start-up quietly backed by Amazon founder Jeff Bezos has suddenly burst into the headlines, Dubbed Slate Auto, the Michigan-based automaker rolled out an all-electric pickup Thursday night that, it said, will go on sale in late 2026 for “under $20,000.” But rather than delivering another high-tech wonder, the Slate pickup draws its inspiration from a low-tech past. Will Americans embrace an EV with crank-up windows and no infotainment screen? Headlight.News has more.
Millions of American motorists have been priced out of the new vehicle market, all the more so when it comes to EVs which currently average about $55,000 apiece. But Slate Auto, a new start-up backed by Amazon founder Jeff Bezos, is determined to change that equation. On Thursday, it gave the world a first look at a flexible new, all-electric pickup set to go on sale in 2026. Designed to be extremely customizable, it’s expected to start under $20,000 when you factor in federal EV tax credits. Headlight.News was there for the big debut.
Better late than never? Tesla has spent years debating whether to add a more affordable EV to its existing line-up. It’s finally moving forward and, despite yet another delay, will finally add the vehicle to its line-up in June. Details have yet to be released but it’s expected to be a stripped-down version of Model Y starting at less than $30,000 — with a low-priced take on the Model 3 likely to follow. But will this draw in entirely new buyers or cannibalize sales of Tesla’s existing line-up? More from Headlight.News.
Motorists around the world are becoming increasingly comfortable with purchasing and owning EVs, according to a new study, though Americans lag well behind their counterparts in Europe and, in particular, China. Credit the longer range, faster charging and lower costs of newer EV models, consumers told McKinsey & Co. Headlight.News has more.
Tesla has long promised to deliver an “affordable” battery-electric vehicle, but the project has yet again been delayed, according to a new report. With competition coming in the under-$30,000 segment, the delay could add to Tesla’s woes as sales continue to sag, driving down both Tesla’s earnings and stock price. Headlight.News has more.
Amazon founder Jeff Bezos is getting ready to punch his way into the auto industry, with what several sources tell Headlight.News will be a new all-electric pickup set to start as low as $25,000. Expected to be called Slate Auto, the start-up will use Amazon’s online power to market the new vehicle. More from Headlight.News.