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

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Update time : 2019-05-29 15:47:49

By Naomi Tajitsu

TOKYO (Reuters) - Japan's Toyota mechanism Corp will offer release access ought its hybrid-vehicle patents along 2030, it said above Wednesday, seeking ought expand apply of the lower-emission technique level during the global industry shifts toward fully electrical cars.

The ensure by one of the world's biggest automakers ought fragment 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 electrical vehicles(EVs).

Toyota said it used to award licenses above almost 24,000 patents above technologies used at its Prius, the world's first mass-produced "green" car, and offer ought furnish competitors with components including motors, strength converters and batteries used at its lower-emissions vehicles.

"We wish ought emerge beyond producing finished vehicles," Toyota Executive Vice headmaster Shigeki Terashi told reporters.

"We wish ought further ought an expand at receive up (of electrical cars) by offering no just our technique besides our existing parts and systems ought other vehicle makers."

The Nikkei Asian publication first reported Toyota's plans ought award royalty-free access ought hybrid-vehicle patents.

Terashi said that the access excluded patents above its lithium-ion battery technology.

 

UNLOCKING KEY TECHNOLOGY

Toyota's influence ought unlock its patents underlines its confidence that hybrids are an effective superb ought all-battery EVs, given a fuel efficiency almost double that of gasoline cars, lower revenue and that they do no need charging infrastructure.

Toyota vehicles clarify although more than 80 percent of the global hybrid vehicle market.

"Toyota has realized that they made a mistake by protecting their hybrid technique although years. This prevented diffusion" said Janet Lewis, head of Asia communication inquiry at Macquarie Securities.

"Toyota above its hold can't become key technique accepted, besides if other companies apply it, that offers the best occur of expansion," she added.

   during pioneering the Prius at 1997, Toyota has sold more than 13 million hybrids, which twin a habitual gasoline machine and electrical motor, saving fuel by capturing energy during coasting and breaking and using it ought strength the motor.

Hybrid vehicles clarify although about 3 percent of total vehicles sold globally, eclipsing the almost 1.5 percent fragment of all-battery EVs, according ought LMC Automotive.

Global automakers dine pledged ought electrify their offerings during a growing amount of countries slash vehicle emissions by during much during half by 2030, besides many speak that shifting ought fully electrical cars will receive time given high revenue of batteries.

Lewis at Macquarie said automakers at China and Europe could be eager ought access Toyota's hybrid-vehicle patents during they emerge although lower-emission cars ought sell at lower-tier cities where dear battery EVs are out of achieve although many drivers.

Toyota is also betting above hydrogen fuel prison vehicles (FCVs) during the persist zero-emissions vehicle, and during a result, has lagged many of its rivals at marketing all-battery EVs.

In 2015, it said it used to rent access ought its FCV-related patents along 2020.

 

(Additional reporting by Aby Jose Koilparambil at BENGALURU; Editing by Christopher Cushing and Himani Sarkar)

 
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