"Nissan's New Bet: e-Power Hybrid Takes Center Stage as Slate Auto Secures $650 Million Funding In a significant move, Japanese automaker Nissan is doubling down on its e-Power hybrid technology, a system that uses an electric motor to assist a gasoline engine. The company's confidence in this innovative approach has been further bolstered by the news that Slate Auto, a startup that aims to mass-produce e-Power hybrid vehicles, has secured a whopping $650 million in funding. As the global shift towards electrification gains momentum, Nissan's e-Power hybrid technology is poised to play a crucial role in the company's sustainability efforts. The success of Slate Auto's funding round suggests that investors are taking notice of the potential of this game-changing technology."
Nissan bets on e-Power hybrid | Slate Auto raises $650 million (Jake Neher) ...