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Stock impact report

Jeff Bezos-backed Slate Auto announces factory location for its $25,000 electric truck [Business Insider]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Slate expects to make its first customer deliveries near the end of 2026. Slate Auto , the Jeff Bezos-backed EV startup, confirmed to Business Insider on Tuesday that its $25,000 electric pickup will be assembled at a former printing plant in Warsaw, Indiana. "We would like to see what we can do to go into an existing facility that has been shuttered and reindustrialize and revitalize that community," CEO Chris Barman told us in an interview ahead of the truck's introduction last week. Slate's decision to repurpose existing production facilities follows a similar path to other recent high-profile EV startups, such as Tesla , which took over GM/Toyota's NUMMI factory, and Rivian , which occupies Mitsubishi's former Normal, IL plant. However, Slate's future production site in Warsaw is not a former car factory but one previously owned by a printing company about 40 miles from Fort Wayne, Indiana. According to a real estate listing, the facility was originally built in 1958 an Show less Read more
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