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If it shows up in the suggested price range, it's going to one of the least expensive new vehicles on the market.

Yes, it has less utility than many other vehicles in many ways, but the bed length (5 ft) is longer than a lot of trucks I see on the road which enables carrying certain kinds of loads that aren't easy in cars or trucks with very short beds as seems fashionable now.

150 miles isn't a ton of range, but it's 50% more than a first generation Leaf and those sold.

The Slate clearly isn't trying to check all the boxes, but every vehicle doesn't need to try to do everything.