Slate Auto closes funding round with enough financial runway to reach next stage of production
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Slate Auto has successfully closed a Series C funding round, securing sufficient capital to advance its electric vehicle (EV) production in the US. The company, which has been operational for over a year, has a revamped facility in Indiana and aims to launch its flagship EV, priced in the mid-$20k range, by late 2026. With hundreds of millions in funding, Slate Auto is on track to meet its development targets.
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