Toyota to share secrets of hybrid car tech for free


FE Team | Published: April 03, 2019 17:52:00 | Updated: April 05, 2019 14:32:01


Toyota to share secrets of hybrid car tech for free

Car manufacturer Toyota is to offer royalty-free access to its hybrid vehicle technology patents until 2030.

It is part of a move to promote hybrid cars as a bridge to fully electric vehicles (EVs).

It will grant licences for nearly 24,000 patented technologies relating to motors, converters and batteries.

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.

Chinese firms are particularly interested in the technology and have ambitious plans to become a world leader in fully electric vehicles by 2025, reports BBC.

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