Simply months earlier than it is set to launch its roughly $25,000 electrical pickup truck, Slate Auto has a brand new CEO.
Peter Faricy took over the position from longtime Chrysler govt Chris Barman on Monday, Newsweek first reported. Barman, who has been the general public face of the corporate because it got here out of stealth a few 12 months in the past, will keep on as President of Autos, in response to the outlet.
Faricy labored stints at Ford and McKinsey earlier than serving because the vice chairman of Amazon Market for a few decade. He was the CEO of the photo voltaic agency SunPower from 2021 to 2024, and most not too long ago served as an advisor at Bessemer Enterprise Companions.
The hiring of a former Amazon govt tracks with what we learn about Slate’s origin story. As TechCrunch reported final 12 months, the EV startup started as a undertaking inside Re:Construct Manufacturing, an incubator with deep ties to the e-commerce big, and counts Jeff Bezos as an investor.
The shakeup in Slate’s high ranks comes because it races to begin manufacturing of buyer autos. The startup goals to start delivering its bare-bones, two-door pickup truck by the tip of 2026. It will likely be made at a former printing manufacturing unit in Warsaw, Indiana.
Slate has stated the car will value someplace within the mid-$20,000 vary, however hasn’t revealed last pricing but. It says it would share extra on that in late June.
Contact the creator: Tim.Levin@InsideEVs.com
