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`Paice Licensing Agreements | Paice LLC
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`Paice >
`
`Licensing Agreements
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`Licensing Agreements
`Licensing Paice Hybrid Technology: A History of Success
`
`Since 1992, Paice has focused exclusively on enabling automakers to design and develop cost-effective hybrid electric vehicles that deliver
`superior fuel economy and performance. It has licensed its hybrid vehicle technology portfolio to many of the world’s most significant
`automakers – Toyota, Ford, Hyundai/Kia, Honda, GM and others – who collectively account for more than 80% of all hybrid vehicle sales
`in the United States.
`
`Dr. Alex Severinsky and the Paice team have secured 30 hybrid vehicle patents worldwide, several of which are recognized as among the
`most important in the hybrid vehicle industry.
`
`Over the years, Paice has worked with leading automakers and automotive suppliers around the world to design hybrid vehicles based on
`Paice’s patented technology. Many of the most popular hybrid vehicles being produced around the globe today use Paice technology.
`
`Paice’s licensing agreements include:
`
`Toyota
`
`In 2005, a federal jury found that Toyota infringed resulting in an award to Paice of $98 per car. Paice later filed a patent infringement
`complaint with the International Trade Commission, leading to a licensing agreement between the companies in 2010. Read the press
`release.
`
`Ford
`
`Following years of litigation, Ford signed a global license for Paice’s entire hybrid technology portfolio in 2018. The automaker had
`previously licensed a subset of the Paice’s technology in 2010. Read the press release.
`
`Hyundai and Kia
`
`Another federal jury found that Hyundai and Kia infringed Paice’s patents and ordered the car companies to pay Paice $28.9 million –
`roughly $200 per car in damages – in 2015. The companies later reached a confidential settlement that granted Hyundai and Kia full use
`of Paice’s patented hybrid vehicle technology. Read the press release.
`
`Volkswagen, Audi, and Porsche
`
`Paice brought another patent infringement action against VW, Audi, and Porsche in 2016. The companies reached a global agreement
`later that year. Read the press release.
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`Honda
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`www.paicehybrid.com/licensing-agreements/
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`BMW v. Paice
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`Paice Licensing Agreements | Paice LLC
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`Honda signed a licensing agreement with Paice in 2018. The fact that Honda took a license without the need for legal action shows that
`Paice’s technology patents are now recognized by the industry’s top automakers. Read the press release.
`
`GM
`
`GM took a license to Paice’s patent portfolio in 2019.
`
`Daimler
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`Daimler and Paice reached an agreement to license patented hybrid technology in 2020. Read the press release.
`
`MITSUBISHI MOTORS
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`Mitsubishi, a global leader in plug-in hybrid vehicles, signed a licensing agreement with Paice in August 2020. Read the press release.
`
`For information about licensing opportunities, contact Bill Leimkuhler at (203) 655-0696.
`
`Main Links
`
`HOME
`
`CONTACT US
`
`ABOUT PAICE
`
`The Paice Story
`
`Alex Severinsky
`
`Leadership Team
`
`Patents
`
`Griffith Hack Report
`
`Timeline
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`WHAT IS A HYBRID?
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`HYBRID NEWS
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`Paice LLC
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`111 South Calvert Street
`Suite 2310
`Baltimore, Maryland 21202
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`www.paicehybrid.com/licensing-agreements/
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`Paice Licensing Agreements | Paice LLC
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`© 2010-2020 Paice LLC, All Rights Reserved.
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