A Driving Force Behind Today’s Hybrid Vehicle Technology
Paice has been at the forefront of hybrid technology for more than 20 years. Led by an innovative and experienced team of automotive veterans, Paice made its mark by discovering new ways to maximize fuel efficiency and reduce harmful emissions without sacrificing driving performance.
Popular hybrid electric vehicles in the US market
Volkswagen, Audi, and Porsche
Paice and the Abell Foundation ask the International Trade Commission to prevent Volkswagen, Audi and Porsche from importing hybrid vehicles into the U.S that infringe Paice's patents.
Paice spent years teaching its technology to Volkswagen and Volkswagen chose to take that technology for itself rather than honorably licensing Paice's rights. Volkswagen, Audi, and Porsche's choice to take rather than license calls into question their integrity.
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Paice is a small American company that played a big role in the development of today’s hybrid vehicles. By developing hybrid technology before major automakers began to focus on the potential advantages associated with electrification of the powertrain, Paice's technology laid the foundation for cost effective hybrid vehicles that provide fuel efficiency and low emission levels. See how Paice laid the foundation for today’s hybrid vehicles.
Hybrid vehicles — which combine the use of an internal combustion engine and one or more electric motors to improve fuel efficiency — have never been more popular. The sale of hybrid vehicles continues to grow thanks to an expanding selection of vehicle choices and more competitive pricing. Learn more about hybrid electric vehicles.
Paice's inventions are considered among the most significant in the hybrid industry. An independent analysis of 58,000 hybrid vehicle patents found that Paice owned four of the Top 10 most influential hybrid vehicle patents in the world. That's more than Toyota and Ford combined. Read the Griffith Hack report.
Paice Technology Licensed by Toyota, Hyundai and Kia
Paice has licensed its hybrid technology to Toyota, which accounts for about 65% of all hybrid vehicle sales in the United States. Toyota secured a global license for all Paice technology in 2010.
On December 11, 2015, Hyundai and Kia also signed a licensing agreement with Paice. The South Korean automakers have announced plans to triple the number of fuel-efficient cars they offer with a goal of becoming number two in the world’s eco-friendly car market by 2020.
Ford has a limited licensing agreement with Paice that applies only to Paice’s first patent. When the companies were unable to reach a licensing agreement on subsequent patents, Paice filed a patent infringement lawsuit against Ford in February 2014 in U.S. District Court in Baltimore. Click here for more information.
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When Alex Severinsky came to the United States in the late 1970s, the nation was in the midst of an oil crisis and long lines for gas were commonplace. An electrical engineer, Alex began looking at alternative approaches to gasoline-powered engines and started developing ideas for a hybrid gasoline/electric powertrain that could reduce America’s dependence on oil. Years later, he founded Paice to turn that vision into reality.
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Paice, a pioneer in the development of hybrid vehicle technology, has filed a complaint against the Volkswagen Group with the U.S. International Trade Commission (ITC). The complaint alleges patent infringement by VW, Audi and Porsche and asks the ITC to issue an exclusion order that would prohibit the companies from importing certain hybrid vehicles, including the VW Jetta Hybrid, Audi…
A Baltimore company that’s struck licensing deals after litigation with Toyota Motor Co. and Hyundai Motor Co. is now turning its sights on Volkswagen AG. Paice LLC filed a patent-infringement complaint against Volkswagen, Porsche and Audi at the U.S. International Trade Commission Friday, claiming they’re using technology for hybrid engines without paying for it. It’s seeking an order that would…
Auto Express reports that VW is planning to build a dedicated hybrid to compete with the Toyota Prius. “Toyota Prius is one of the reasons Volkswagen got itself into the diesel emissions mess it is in,” reports an article on Gas2.org. “When the Prius was first introduced, the suits in Wolfsburg decided they could get fuel economy that was just…
Green Patent Blog recently highlighted Paice’s success in licensing its patented hybrid vehicle technology, noting that Paice has been an extremely successful non-practicing entity. It says the company’s success “is not a surprise when one understands the power of its patents” and emphasizes that Paice should not be considered a patent troll. “The company should not be put in that…
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