I dug in a bit. Slate has around 63Kwh battery capacity and a range of 205 miles. For pure metrics comparison - chevy bolt has similar battery capacity and a range of 260 miles and similar price range. So basically slate looked at the existing market and said we need a better looking chevy bolt even if it sacrifices range. I guess there will be a market for this.

I love the Chevy Bolt. Wish I could find one for a decent price in my local market.