Slate Auto Targets Former Indiana Printing Plant for Revolutionary EV Truck Production
Slate Auto, the newest electric vehicle (EV) startup, has recently emerged from stealth mode and is making significant strides towards establishing its production facility. With plans to transform a former printing plant in Warsaw, Indiana, into the production hub for its affordable electric truck, Slate Auto is set to revolutionize the market with vehicles priced under $20,000 after federal tax incentives.
Slate Auto’s New Production Facility
According to public records, Slate Auto is nearing a deal to lease a 1.4 million-square-foot facility in Warsaw. This location was previously occupied by R.R. Donnelly and has been vacant for approximately two years. Economic development officials have indicated that the factory could create up to 2,000 job opportunities, supported by an incentive package from the county. However, details regarding this package remain undisclosed.
Incentives and Economic Impact
While the specifics of the incentive package are unclear, Peggy Friday, CEO of the Kosciusko County Economic Development Corporation, stated via email that she is bound by a non-disclosure agreement regarding the project. This suggests that the incentives could be significant for the local economy.
Commitment to Domestic Manufacturing
During a recent event, Slate Auto’s CEO, Chris Barman, emphasized the company’s commitment to American manufacturing. She stated, “Our truck will be made here in the USA as part of our commitment to re-industrializing America.” This focus on domestic production is a core aspect of Slate’s mission, stemming from its origins within Re:Build Manufacturing, a Massachusetts-based firm dedicated to enhancing U.S. manufacturing capabilities.
Cost-Effective Production Strategies
Converting a printing facility into a vehicle production site is no small feat. Slate Auto has garnered substantial funding, reportedly exceeding $100 million, with notable backers including Amazon founder Jeff Bezos and General Catalyst. This financial support will be crucial in overcoming the challenges of factory conversion.
In a bid to minimize costs, Slate plans to utilize wraps for its trucks instead of traditional paint. This innovative approach will eliminate the need for a paint shop, potentially saving the company hundreds of millions during the factory buildout process.
About the Facility
- Originally built in 1958
- Formerly operated by R.R. Donnelly
- Vacant for about two years
As Slate Auto progresses in its journey to launch affordable electric trucks, the company is poised to make a significant impact on the EV market. For more updates on electric vehicles and innovations, visit our Electric Vehicles page or explore Energy.gov for more information on EV technology.
