Apr 3, 2019
Toyota to share hybrid vehicle secrets for free
Car manufacturer Toyota is to offer royalty-free access to its hybrid vehicle technology patents until 2030. The Toyota-designed Prius was the world's first mass-produced hybrid car and the firm has sold 13 million hybrid cars since its introduction. "Based on the high volume of inquiries we receive about our vehicle electrification systems from companies that recognise a need to popularise hybrid and other electrified vehicle technologies, we believe that now is the time for co-operation," said Toyota's executive vice-president Shigeki Terashi in a statement. Hybrid cars combine a conventional combustion engine with an electric motor. Despite starting development on the technology back in the 1980s, it has no mass market electric vehicle on offer yet.
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