Get the latest tech news
Pint-size pickup startup Telo Trucks adds Tesla co-founder to board as interest grows from fleet customers
The young automotive company raised $5.4 million and added a Tesla co-founder to its board.
There’s a cadre for whom small trucks aren’t just convenient, they’re a lifestyle, one that major automakers have largely ignored for the last 20 years as they’ve chased high-margin, full-size pickups. What some fleet managers have resorted to is buying neighborhood electric vehicles, which are basically souped-up golf carts that can be equipped with a small bed in the back. Telo recently finished adding a roll cage on top of its chassis prototype, and Marks said that the team has been working on tackling various technical challenges, including how a vehicle with a stubby front end can protect its occupants in a crash.
Or read this on TechCrunch