Over the past few years, the automotive industry has made a lot of promises about making affordable electric vehicles. Through it all, budget-conscious drivers looking for a true entry-level price point have found themselves stranded. But the ending may be in sight, thanks to increased competition.
When the Jeff Bezos-backed Slate came out of nowhere last year to announce its $20,000 all-electric truck, it really struck a chord. It has since gone up slightly to a starting price of $24,950, but it's firmly on track for release this year to challenge the status quo of what an EV can cost.
