The Telo MT1 is getting closer to production.
CEO Jason Marks shared that the company has secured a supplier to build one of the most important parts of the tiny truck.
No word on when the trucks will finally be available, but this is a major step forward for any newcomer in the industry.
There's this whole new focus on compact, do-it-all electric trucks. Ford has one coming, so does Slate, and Rivian's CEO recently shared that he believes that's an untapped market. That's probably good news for Telo.
The California-based startup stirred up quite the following when it popped up on the scene and revealed the MT1. After all, there's not anything for sale today that looks like a Toyota Tacoma and Mini Cooper decided to have a baby. And the latest update on the MT1 confirms that the truck is closer than ever to hitting the market.
