"Nissan's Electric Future Takes Shape: e-Power Hybrid and a $650 Million Boost In a significant move, Japanese automaker Nissan is doubling down on its electric vehicle (EV) strategy by investing in its e-Power hybrid technology. The company's latest bet on the e-Power system, which pairs an electric motor with a gasoline engine, marks a crucial step towards reducing emissions and improving fuel efficiency. Meanwhile, Nissan's venture arm, Slate Auto, has raised a whopping $650 million in funding, which is expected to fuel the development of innovative mobility solutions and EV technologies. As the global auto industry continues to shift towards electrification, Nissan's bold move is likely to have significant implications for the company's future prospects and its place in the EV market."
Nissan bets on e-Power hybrid | Slate Auto raises $650 million (Jake Neher) ...