A new American startup called Slate is on the verge of revealing a 2-door compact electric pickup that it plans to sell for $25,000, a new report says. According to TechCrunch, Jeff Bezos is one of the project’s major backers along with Guggenheim Partners CEO Mark Walter.

An undisguised two-door pickup possibly spotted in Los Angeles has fueled speculation it’s Slate Auto’s debut EV prototype

Jeff Bezos-backed Slate Auto plans to build a $25,000 electric truck with branded accessories and an apparel line.