Bezos-Backed Startup Aims to Commercialize $25,000 Pickup Truck
An electric vehicle startup backed by Amazon founder and billionaire Jeff Bezos plans to develop a $25,000 electric truck for the small but rapidly expanding EV truck segment. At just $25,000, this electrified truck would be the cheapest electric truck and one of the cheapest electric vehicles on the U.S. market. Most experts and consumers agree that electric vehicles are far too expensive, especially compared to gas-powered cars of similar size, power, and mileage. The average consumer can’t afford to purchase an electric car, even with various government subsidies, and the current administration's vow to eliminate the federal EV tax…
