Most Innovative Companies

The ultra-cheap car company backed by Jeff Bezos

May 8, 2025
In this engaging discussion, Jim Lanzone, CEO of Yahoo, shares insights on integrating the AI platform Artifact into Yahoo News for personalized content delivery. Meanwhile, Hauwa Otori, a Fast Company producer and founder of Founders International Network, alongside Mark Wilson, Fast Company Global Design Editor, dives into Slate Auto's innovative approach to creating affordable electric vehicles priced around $20,000. They discuss customization options, the importance of appealing to budget-conscious consumers, and the potential impact on American manufacturing.
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INSIGHT

Slate Auto’s Affordable EV Strategy

  • Slate Auto aims to create an ultra-affordable EV truck priced under $20K with subsidies.
  • It achieves cost cuts via simplified design and materials, like using fewer parts and plastic bodies.
INSIGHT

Made in America Focus

  • Slate Auto focuses on American manufacturing and sourcing to revitalize U.S. industry.
  • They repurpose closed factories to bring jobs back to local communities like Warsaw, Indiana.
INSIGHT

EV Adoption's Infrastructure Challenge

  • EV adoption in the U.S. requires more than just affordable vehicles; public charging access is crucial.
  • Many potential buyers may lack home charging, especially lower-income and rental households.
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