Telo’s MT1 is the size of a Mini Cooper yet packs a 106 kWh battery. Brand plans to begin MT1 electric truck production later this year. While the cheap electric truck from Slate has grabbed most of the headlines over the past year, it isn’t the only small electric pickup in development on US soil. Although Telo’s creation could be easily compared to the Slate truck, it isn’t targeting the same price point. Last year, Telo received $20 million in Series A funding to help put its electric truck into production.