TELO Trucks manufactures the MT1, an all-electric mini truck designed for urban maneuverability and utility. This compact EV pickup features a configurable bed and seating for up to eight passengers, balancing efficiency with practical hauling capability. The vehicle offers up to a 350-mile range and incorporates advanced safety technology into its small footprint.
Funding
$7.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current EV truck options are either too large for efficient urban navigation or lack the utility and cargo capacity needed for both city living and outdoor activities. Existing electric pickups often fail to balance maneuverability with sufficient bed space and passenger volume.
Solution
TELO Trucks manufactures a compact electric pickup truck, the MT1, designed to offer the functionality of a mid-size truck in a smaller footprint. The MT1 achieves this by combining a 5-foot truck bed and five-passenger seating within a frame comparable in size to a MINI Cooper. A configurable mid-gate extends the bed to 8 feet, accommodating larger cargo, while an optional under-bed storage tunnel can convert to a footwell for up to eight passengers. This design aims to provide a versatile EV suitable for both urban environments and weekend adventures.
Target Audience
The primary target audience includes urban dwellers and outdoor enthusiasts seeking a versatile, compact electric truck that balances cargo capacity, passenger space, and maneuverability.
Features
- Compact dimensions (152" length, 73" width, 66" height) for easy maneuverability in urban settings
- 350-mile range and fast charging capabilities, adding 210 miles in 20 minutes
- 500 hp dual-motor all-wheel drive system for enhanced performance
- Configurable mid-gate that extends the 5-foot bed to 8 feet for hauling larger items
- Optional under-bed storage tunnel that can be converted into a footwell for additional seating
- Advanced safety technology, including collision prediction sensors and airbags
- Target efficiency of over 100 MPGe (miles per gallon equivalent)