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What Drives Us Podcast - #314 Lyfting Bird’s Greasy Babies

Danny Apr 7, 2019 Read More Replies: 0

Toyota to give royalty-free access to hybrid-vehicle patents

By Naomi Tajitsu

TOKYO (Reuters) - Japan's Toyota Motor Corp will offer free access to its hybrid-vehicle patents through 2030, it said on Wednesday, seeking to expand use of the lower-emission technology even as the global industry shifts toward fully electric cars.

The pledge by one of the world's biggest automakers to share its closely guarded patents, the second time it has opened up a technology, is aimed at driving industry uptake of hybrids and fending off the challenge of all-battery electric vehicles(EVs).

Toyota said it would grant licenses on nearly 24,000 patents on technologies used in its Prius, the world's first mass-produced "green" car, and offer to supply competitors with components including motors, power converters and batteries used in its lower-emissions vehicles.
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