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$20k Bezos Backed EV Is the Anti Cybertruck

Summary by 247wallst.com
Key Points Jeff Bezos–backed Slate has entered the U.S. EV market with a stripped-down $20,000 electric pickup, potentially undercutting competitors by targeting cost-conscious buyers seeking basic utility. The global EV space has become increasingly crowded, with Chinese companies like BYD offering rapid-charging, full-range vehicles, while legacy automakers and startups alike compete in saturated mid-to-high-end segments. Rising electricity…

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The Motley Fool broke the news in Alexandria, United States on Thursday, May 8, 2025.
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