Slate Auto Raises $700 Million from Bezos to Develop Affordable US-Built Electric Truck with Top Safety Ratings; Coreshell Launches AI Manufacturing Startup

Slate Auto, a US-based electric vehicle manufacturer, is developing an affordable electric truck designed to be highly customizable and meet top safety standards, including NCAP five-star and IIHS Top Safety Pick ratings. The company has raised nearly $700 million in funding from investors such as Jeff Bezos to support its US manufacturing operations. Slate Auto's CEO, Chris Barman, highlighted the unique value proposition of their vehicle, which aims to offer versatility in the marketplace. Meanwhile, Coreshell, a new manufacturing startup in Sweden founded by former executives from the bankrupt battery maker Northvolt, plans to leverage artificial intelligence to improve manufacturing processes. Slate Auto also faces challenges related to navigating federal incentives and restrictions for electric vehicles.