XL Hybrids carved its niche in the vehicle-electrification segment by offering hybrid conversion kits for regular gasoline-powered vans, commercial trucks, and pickups. Thus far, the Boston-based start-up has found success and a recent round of venture capital funding raised another $22 million. Notably, Swedish furniture company Ikea Group... Ikea invests in hybrid-vehicle builder XL Hybrids
XL Hybrids carved its niche in the vehicle-electrification segment by offering hybrid conversion kits for regular gasoline-powered vans, commercial trucks, and pickups. Thus far, the Boston-based start-up has found success and a recent round of venture capital funding raised another $22 million. Notably, Swedish furniture company Ikea Group...