The small pick-up is absolutely not Ford F-150 Lightining, which was once very popular in the US. No, the MT1 is designed for people who live in cities, want to be able to park everywhere and still need pick-up capacities. Although the small electric truck is about the same size as a mini-code with two doors, this pick-up can accommodate five people and a loading box of approximately 1.5 meters long.
Twenty million dollars
Telo unveiled the MT1 in 2023 and wants to produce the small pick-up. The company has completed a first major investment round of twenty million dollars. The start-up says it can achieve the investment production. In addition, Telo wants the vehicle to meet the American safety standards. One of the co -founders of Telo is Marc Tarpenning that together with Elon Musk and Martin Eberhard Tesla founded.
The small electric pick-up must deliver up to 500 hp and be able to drive approximately 563 kilometers on one load with a 106 kWh battery. The entry price of the MT1 wants the company to be around 41,500 dollars. This is lower than the selling price of the completely new electric trucks at the moment. Whether this asking price is actually feasible must still be seen.
Drop in sales of electric pick-ups
The Californian brand chooses an exciting period to put a complete electric pick-up on the market. In America, the sales of fully electric pick-ups fall. For example, think of The disappointing Tesla Cybertruck or the fall in sales of The Ford F-150 Lightning. Yet Telo has already collected around 12,000 pre-orders, indicating that the model is appreciated by a number of people.