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
To protect our inventions, Paice has filed patent infringement lawsuits against Ford (2014) and Hyundai/Kia (2012). The Hyundai/Kia case is scheduled to go to trial on September 21, 2015 in in U.S. District Court in Baltimore. Paice's hybrid technology is currently licensed by Toyota, the world’s leading manufacturer of hybrid vehicles.
Click here to read the Ford complaint and the litigation.
Click here to read the Hyundai/Kia complaint and the litigation.
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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
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.
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.
Paice has filed a similar lawsuit against Hyundai/Kia for using its hybrid technology without a license. That lawsuit goes to trial in U.S. District Court on September 21. 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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A recent article by Morningstar rejects the notion that because of cheaper gas prices hybrid and electric vehicles don’t save enough on fuel to cover their higher up-front prices. “Hybrids are still the most financially conscious way to buy some kinds of cars… Hybrids do save money, and right away, if you analyze them the way most people buy cars,” the article…
South Korean automakers Hyundai and Kia will go to trial over charges they are infringing on patented hybrid vehicle technology on September 21 in U.S. District Court in Baltimore. U.S. District Court Judge Marvin Garbis announced the trial dates in a May 26 order. Paice LLC and the Abell Foundation filed the lawsuit in 2012 when it became apparent that Hyundai…
Bloomberg reporter Sue Decker highlights the dispute between Paice and Ford as she examines a new review process at the U.S. Patent and Trademark Office that allows companies to challenge the validity of patents. She notes that the “inter partes reviews” program has been dubbed a patent “death squad.” Decker reports that when Paice filed a patent infringement lawsuit against Ford, the…
The initial reviews of the new Hyundai Sonata Plug-in Hybrid are in. Auto reporters gave mostly positive reviews to Hyundai’s first plug-in electric vehicle for the U.S. market: “I was able to drive the Plug-In in Electric mode for about fifteen miles at speeds up to 75 MPH, and it was glorious. Totally silent, totally efficient. I’m downright envious of anybody who has the…
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