I like the idea of a slate but the truck bed just makes no sense at that size. I don’t understand why it’s not defaulted to another row of seats or hatchback, with the option to convert to truck. 5 ft bed without extension is kind of pointless as a bed, but huge as a trunk.
That's effectively what it is, but reverse. You buy it as a truck, and can buy seats & cap and turn it into an SUV. I see it as the closest thing you can get to a kei truck in the US without importing. Relatively cheap, good payload capacity, (better than a lot of trucks out there) effectively unable to tow, 5-foot bed, which is the same or larger than most mid-size trucks, and a tiny form factor.
It's certainly a niche vehicle, but it looks exciting if it can fill you niche.