💨 Abstract

Slate Auto, an EV startup backed by Jeff Bezos, Guggenheim Partners CEO Mark Walter, and General Catalyst, is near to securing a former printing plant in Warsaw, Indiana for its factory. The facility, which could employ up to 2,000 people, will produce Slate's cheap electric truck, costing under $20,000 after federal tax credit.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖