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Truck Yeah! Slate Announces Pricing

Truck Yeah! Slate Announces Pricing

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About this episode

Slate Auto’s electric pickup pricing anchors the episode at $24,950, with a 65 kWh LFP pack, rear-wheel drive, and a stated 205-mile range. The host connects LFP chemistry to more frequent 100% charging with less degradation, plus potential over-the-air tuning. Incentives complicate the “under $20,000” idea, since eligibility can hinge on income and location (California up to $12,000). The discussion then broadens to Lucid’s Cosmos/“earth,” RoboTaxi plans, and how supply-chain transparency and grid electricity affect EV emissions.

Technical Too Afraid to Ask
Car

Slate Auto's electric pickup truck

"Okay, starting off with our EV news. We now know the cost of Slate Auto's electric pickup truck. It's going to cost $24,950. That gets you a 65 kilowatt hour LFP battery pack rear wheel drive and a range of 205 miles..."

This is Slate Auto’s electric pickup truck, and the big takeaway is the price and the battery/range numbers. The host says it’s about $25,000 and uses a 65 kWh battery, with a stated range of about 205 miles.

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LFP

"That gets you a 65 kilowatt hour LFP battery pack rear wheel drive and a range of 205 miles... The good news is with LFP batteries, you can charge to 100% more often and you get less battery degradation."

LFP is a type of EV battery. The host is saying it tends to handle frequent charging better and doesn’t wear out as quickly as some other battery types.

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rear wheel drive

"That gets you a 65 kilowatt hour LFP battery pack rear wheel drive and a range of 205 miles..."

Rear-wheel drive (RWD) means the electric motors send power to the rear axle. In EVs, RWD can simplify packaging and sometimes improve efficiency, but it also affects traction and handling compared with all-wheel drive.

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kilowatt hour

"That gets you a 65 kilowatt hour LFP battery pack... because a 65 kilowatt hour battery pack on a truck so small should get more than 205 miles of range."

Kilowatt-hour (kWh) is how we measure how much energy is stored in the battery. More kWh usually means more potential range, but the truck’s efficiency also matters.

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battery degradation

"The good news is with LFP batteries, you can charge to 100% more often and you get less battery degradation."

Battery degradation means the battery slowly loses its ability to hold as much charge as it used to. The host is saying LFP batteries tend to degrade less, so the range may last longer.

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over the air updates

"Also, there may be some room for over the air updates and some fine tuning because a 65 kilowatt hour battery pack on a truck so small should get more than 205 miles of range."

Over-the-air updates are software updates that get sent to the car wirelessly. Instead of going to a shop, the car can update itself, and the host suggests it could also be used to fine-tune the truck.

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federal tax credit

"Initially, when Slate announced there was still the US federal tax credit and it looked like with that tax credit, the truck would sell for under $20,000 while that federal tax credit has gone away."

A federal tax credit is a government discount that comes through your taxes. If it’s available for the EV you buy, it can lower what you pay; if it’s not available anymore, the price may be higher.

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incentives

"unless you live in certain states because depending on which state you live in, they do have incentives that might make this truck even more affordable."

In this context, incentives are government or program-based discounts that reduce the effective price of an EV. They can come from state programs and may have eligibility rules like income limits or other conditions.

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Concept

income based

"A lot of the terms and conditions are based off of income. So not everybody would qualify for this."

Many EV incentive programs are income-based, meaning eligibility depends on household income rather than just where you live. That’s why the host says not everyone would qualify for the same level of discount, even if they’re in the same state.

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Car

Lucid Cosmos

"into our next story. We have a sneak peek at Lucid's sub $50,000 crossover vehicle, [592.6s] the Cosmos, ... Lucid registered the design of the Cosmos with the EU's ... intellectual property office. And based on the drawings, it looks like a squinched down smaller Lucid gravity... Production should start later this year."

The Lucid Cosmos is a new electric crossover that Lucid is aiming to price under $50,000. The host says Lucid already filed the design paperwork in Europe, and the sketches look like a smaller version of another Lucid SUV called the Gravity. They expect it to be revealed soon and start production later this year.

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intellectual property office

"the Cosmos, not the earth, but Lucid registered the design of the Cosmos with the EU's or [599.3s] European Union's intellectual property property office."

An intellectual property office is where companies file paperwork to legally protect things they create, like designs. The host says Lucid filed the Cosmos design in Europe, which suggests the car is real and being prepared. It doesn’t mean the car is on sale yet, but it’s an early sign of what’s coming.

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Car

Lucid Gravity

"And based on the drawings, it looks like a squinched down smaller Lucid gravity, which honestly is not a bad thing because I think the gravity looks fantastic."

Lucid Gravity is another Lucid electric SUV. In this segment, the host uses it as a comparison to explain what the new Cosmos might look like—basically a smaller version of the Gravity’s design. It’s a quick way to picture the Cosmos’s size and shape.

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Place

Casa Grande

"Lucid is laying off 18% of its workforce in Casa Grande [658.6s] at their plant in Casa Grande, that's in Arizona, if you're not familiar."

Casa Grande is a city in Arizona where Lucid has a factory. The host says Lucid is laying off workers there because they aren’t selling enough cars, so they have to slow down production. It’s a sign the company is adjusting to demand.

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Concept

RoboTaxi service

"And we have one more bit of news for Lucid and it pertains to their RoboTaxi service. [704.9s] You know, Lucid is in a partnership with Uber and Neuro to build RoboTaxi. Lucid's providing the cars, Uber's providing the network to, you know, put the RoboTaxi on. And Neuro is providing the technology and software that allows the vehicles to drive themselves."

A RoboTaxi service is like Uber or Lyft, but the cars drive themselves. The host says Lucid supplies the vehicles, Uber helps with the ride-hailing system, and Neuro provides the software/technology that lets the car drive itself. They’re aiming to expand this kind of service to Houston.

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Place

Houston

"Well, they are looking to bring their RoboTaxi service to Houston. So that's exciting. Right now, they have plans to"

Houston is the city the host says Lucid wants to start RoboTaxi service in. RoboTaxi programs usually begin in a limited number of places, so naming a city is a sign the rollout is moving toward real operations. It’s not just a theory anymore.

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Concept

responsible sourcing

"But one of the things that we were talking about is how automakers are now including information on how clean their supply chains are. And they're doing this by being transparent about their responsible sourcing like low carbon steel and aluminum, you might hear it called green steel or green aluminum."

Responsible sourcing is a supply-chain approach where companies try to ensure raw materials are obtained in ways that meet environmental and ethical standards. In the EV context, it often shows up as claims about lower-impact materials and improved transparency.

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green aluminum

"And they're doing this by being transparent about their responsible sourcing like low carbon steel and aluminum, you might hear it called green steel or green aluminum."

Green aluminum is aluminum made with less pollution than regular aluminum. Since aluminum production can be very energy-heavy, cleaner aluminum can help reduce a car’s manufacturing impact.

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clean supply chain

"And, you know, as a general, [914.5s] it sounds like all the automakers are trying to make improvements. But in general, you know, [919.8s] if you offer a car that's, you know, a spaceship on wheels and has a range of about 300 miles, ... [933.0s] And one of the ways to do that is to say, Hey, we are look how clean our, our supply chain is."

A “clean supply chain” is about how the car’s materials and parts are made and sourced. The idea is to reduce pollution and waste before the car is even built.

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range of about 300 miles

"But in general, you know, [919.8s] if you offer a car that's, you know, a spaceship on wheels and has a range of about 300 miles, [928.3s] how do you differentiate yourself from other companies that offer or offering something similar."

“Range” is how far an EV can drive before it needs charging. The host is saying that if lots of cars can do around 300 miles, companies need other reasons to stand out.

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low carbon steel

"Initially, it stands to reason, it's going to be more expensive. And then as these suppliers are [966.4s] able to hit economies of scale, it'll actually end up reducing costs on these cleaner materials, [973.2s] like low carbon steel."

“Low carbon steel” is steel manufactured with a reduced carbon footprint compared with typical steelmaking. The host’s point is that scaling up suppliers can lower costs over time, and that these cleaner materials could eventually spread beyond EVs into other vehicles.

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green steel

"So as you know, these initial partnerships with EV makers [952.5s] are, are being made, let's just say for, we'll use green steel or low carbon steel as an example. [959.4s] Initially, it stands to reason, it's going to be more expensive."

“Green steel” is steel made with less pollution than regular steel. It’s usually more expensive at first, but can get cheaper as more factories make it.

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Brand

Tesla

"So just kind of taking it back when Tesla and companies like BBID, [988.4s] early, early EV automakers, when they first started, a lot of the critical materials and components that they were using for batteries or, or the motors, ..."

Tesla is a company that makes electric cars. The host is using Tesla as an example of an early EV maker that had to modify existing technology to work well in electric vehicles.

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purpose built parts

"Now there, there are companies that were just built [1029.8s] up around making purpose built parts for EVs, that kind of thing. So it got more, you know, [1035.7s] we reached economies of scale and things got more efficient and started to cost less"

“Purpose built parts” are parts made for EVs from the start, not modified from something else. The idea is that dedicated EV parts can work better and get cheaper over time.

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Car

Ford Escape

"...ot very long after that, we bought my wife a Ford Escape, and it had not only a driver side airbag, but it..."

The Ford Escape is a compact SUV that people buy for everyday driving. The podcast mentions it because the speaker’s wife’s Escape had safety features, including a driver-side airbag. That’s the main reason it comes up—talking about what was included in the car.

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battery recycling and repurposing

"And one of the areas that they improved in is battery recycling and repurposing. Companies like Mercedes Ford and Volkswagen are holding suppliers to higher standards when it comes to responsible mining."

When EV batteries wear out, companies can either recycle them to pull out useful materials or reuse them for a second job. This helps reduce waste and the need to mine new materials.

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responsible mining

"Companies like Mercedes Ford and Volkswagen are holding suppliers to higher standards when it comes to responsible mining. Mercedes and Volvo are making big deals about how they are able to reduce their pollution footprint with the Mercedes CLA, which is a great looking car, and the Volvo ES90."

Responsible mining means extracting the materials for batteries in a way that’s safer and less damaging to people and the environment. The host is saying automakers are pushing their suppliers to do better.

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pollution footprint

"Mercedes and Volvo are making big deals about how they are able to reduce their pollution footprint with the Mercedes CLA, which is a great looking car, and the Volvo ES90."

A pollution footprint is a way of talking about how much pollution a product or company creates. Here, it’s used to describe claims that certain cars help reduce environmental impact.

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Car

Mercedes CLA

"Mercedes and Volvo are making big deals about how they are able to reduce their pollution footprint with the Mercedes CLA, which is a great looking car, and the Volvo ES90."

Mercedes CLA is a small luxury car from Mercedes-Benz. Here, the host brings it up to show how Mercedes talks about reducing pollution and improving environmental impact.

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Car

ES90

"... CLA, which is a great looking car, and the Volvo ES90. So, this is, this is fantastic. And, you know, T..."

The ES90 is a Volvo electric vehicle mentioned in the podcast. The speaker brings it up mainly because they think it looks good. The discussion is about the car’s design and how it stands out.

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Term

emissions from their battery supply chain

"So, according to the leaderboard, Tesla has set the industry benchmark, not the industry, a new industry benchmark by publishing information on emissions from their battery supply chain and what they're doing to make improvements."

It means the pollution created to make the battery in the first place, from raw materials all the way to the final battery. The host is saying Tesla published information about these emissions.

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European regulations

"For example, there are European regulations that require automakers to map out their supply chains and that requires them to be more responsible when mining their battery minerals and to design their batteries to be more recyclable."

The host is referring to European rules that require automakers to document and manage their supply chains for battery minerals. The key idea here is supply-chain mapping and accountability—companies must show where materials come from and how they reduce harms.

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map out their supply chains

"For example, there are European regulations that require automakers to map out their supply chains and that requires them to be more responsible when mining their battery minerals and to design their batteries to be more recyclable."

Mapping the supply chain means figuring out and documenting where materials come from and who makes what along the way. Here, it’s used to explain how regulations push companies to be more transparent and responsible.

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design their batteries to be more recyclable

"For example, there are European regulations that require automakers to map out their supply chains and that requires them to be more responsible when mining their battery minerals and to design their batteries to be more recyclable."

This means building the battery so it can be taken apart and recycled more effectively later. The goal is to recover more of the valuable materials instead of wasting them.

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Car

Tesla Model

"... your, let's say Honda CR-V around and you have a Tesla Model Y and the model you're in the same place and you ..."

The Tesla Model Y is an electric SUV, meaning it runs on electricity instead of gasoline. In the podcast, it’s used to compare against a gas SUV to show how emissions differ. The goal is to highlight how an EV changes the driving footprint.

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Car

Honda Crv

"It's still producing 18% less emissions than an ICE car. So just keep that in mind. So if you're driving your, let's say Honda CR-V around and you have a Tesla Model Y and the model you're in the same place and you are getting your power from coal, your Model Y is still roughly producing 18%"

The Honda CR-V is a gasoline-powered SUV that people use for daily driving and family trips. In the podcast, it’s used as a comparison point to show how emissions from a gas car stack up against an electric SUV. The idea is to compare what comes out of the tailpipe versus an EV.

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Term

EVs

"but EVs typically can save between 40 to 80% when it comes to emissions compared to their ICE counterparts."

EVs are electric cars that use electricity stored in a battery to move. The host is explaining why they can pollute less than gas cars, especially in cities.

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dense urban environments

"And this is especially true if you live in those places and you live in dense urban environments. EVs don't idle at traffic lights whereas gas-powered cars do."

This means busy city areas where you stop and go a lot. EVs tend to do better there because they don’t waste energy idling at lights like many gas cars do.

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idle

"EVs don't idle at traffic lights whereas gas-powered cars do. So being able to work your way through city driving in those places, you are even improving your efficiency even more because you're just not letting the car run."

Idling means the car is stopped but the engine is still running. The host says EVs don’t do that at lights, which helps reduce pollution and wasted energy.

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stoplight

"Now in a lot of cases, newer vehicles, if you pull up to a stoplight, the engine will turn off and then it will start again and turn off and start again."

A stoplight is the traffic light where you have to stop. The host is saying some newer gas cars automatically turn the engine off while you wait, so the EV advantage can be smaller than in older comparisons.

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Concept

apples to apples comparison

"So maybe not an apples to apples comparison, but just in general, EVs are better in that regard."

An “apples to apples” comparison means you’re comparing things in a fair, similar way. The host is saying the EV vs gas-car difference can be less clear because some newer gas cars also shut the engine off at stops.

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