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Fortune
Fortune
Jessica Mathews

The CEO of U.S.-made electric truck company Slate says removal of EV tax credit is ‘opening up capacity’ from battery suppliers

(Credit: Maeve Reiss/Fortune)

The elimination of the electric vehicle federal tax credit may end up becoming a benefit to some of the newer players trying to compete in the market, according to the CEO of the affordable electric truck startup Slate Auto. 

“It’s opened up some opportunity for us,” Chris Barman, CEO of the emerging EV company, said on stage on Tuesday at Fortune’s Brainstorm Tech conference in Park City, Utah. Slate Auto had been “very focused” on making sure it could offer that rebate, she said, which required the company to meet certain mineral and manufacturing location requirements. 

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