By on April 3, 2019

On Wednesday, Toyota announced plans to offer royalty-free access to its cache of hybrid technology patents. While the automaker already licenses aspects of its Hybrid Synergy Drive to other automakers, the new strategy seeks to drastically expand the use of its systems as the world gears up for widespread electrification.

Toyota, cautious as ever, has been understandably hesitant to throw itself headlong into costly BEV development programs. It did have the foresight, however, to jump into hybrid technology earlier than most other manufacturers, and doesn’t want to see that edge lost as battery-only vehicles grow in popularity. Providing open access to the nearly 24,000 patents on hardware used in the Prius and Mirai could help the company stack the deck in its favor.  (Read More…)

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