I can't quite tell if you mean the engine runs but with very little power, or if there is power but the transmission is slipping?
If the power is failing, then the question is when does it happen?
Is it temperature related, only happens at high speed, or is it only after a period of driving fast? If so, it could be a temperature sensor, the fuel pump or filter, or it could be the air mass sensor being coated with foam from the PVC valve, or it could be a plugged catalytic converter.
Do the engine lights come on or any other indicator?
If the engine has power but transmission slips, then check the ATF (automatic tranmission fluid) to see if it is low or burned smelling, or dark. If it is, then either fill or change it, and have it checked by a tranmission specialist.
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