California-based Telo Trucks on Tuesday confirmed a lower base price for its space-efficient MT1 electric pickup.

When the MT1 was unveiled in 2023, Telo said it would launch in dual-motor all-wheel-drive form at a cost of $49,999 before incentives. The truck’s configurator has now gone live and shows a single-motor rear-wheel-drive base model with a $41,520 starting price.

Telo truck vs Mini Cooper SETelo truck vs Mini Cooper SE

The base MT1 develops 300 hp and Telo estimates 260 miles of range from its Standard battery pack. A Long Range pack delivering an estimated range of more than 350 miles is also available for an additional $3,980, while the 500-hp dual-motor powertrain costs $4,769. This enables maximum payload and towing capacities of 1,600 pounds and 6,600 pounds, respectively.

Range estimates are the same regardless of powertrain. Telo previously said the Long Range pack would have a 106-kwh capacity, but has not confirmed a capacity for the Standard pack. It’s also said that, with the bigger pack, the MT1 will be able to recover 210 miles of range in 20 minutes when DC fast-charging.

Telo truck (rendering)Telo truck (rendering)

Telo is still accepting reservations for $152—the length of the vehicle in inches. That’s the same as outgoing Mini Cooper SE two-door hatchback, yet the MT1 has room for five adults and a 60-inch bed, which is larger than what you get in a Rivian R1T. A midgate allows long objects, including a 9-foot surfboard or a 4×8 sheet of plywood, to fit behind the front seats, Telo claims.

Telo claims to have 3,700 reservations so far, and aims for a press launch event in early 2025. But, as Canoo and Alpha Motors have shown, showing off an attractive small electric pickup and actually getting it into production are two entirely different matters.

Related Articles