Paice News

Paice remembers Sen. Joe Tydings, one of its greatest champions

Frances Keenan, chair of the Paice Board of Directors, shares her memories of Joseph D. Tydings, a former U.S. Senator from Maryland who served on the Paice board for more than twenty years. Sen. Tydings died on October 8 at age 90. We lost once of Paice’s greatest champions, and one of our dearest friends, when Senator Tydings passed away…

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Honda licenses hybrid vehicle patents from Paice, Abell Foundation

PAICE PRESS RELEASE | SEPTEMBER 25, 2018 Honda licenses hybrid vehicle patents from Paice, Abell Foundation Another leading automaker signs a licensing agreement for Paice’s patented technology Paice, a pioneer in hybrid electric vehicle technology, announced today that it has reached an agreement to license its patented technology to Honda. One of the world’s leading car companies, Honda has ramped…

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Ford licenses hybrid vehicle patents from Paice, Abell Foundation

PAICE PRESS RELEASE | APRIL 12, 2018 Ford licenses hybrid vehicle patents from Paice, Abell Foundation Four out of every five hybrid-electric vehicles in the world now have a Paice license Paice, a pioneer in hybrid electric vehicle technology, has reached an agreement to license all of its hybrid vehicle technology to Ford Motor Company. Ford ranks second in U.S.…

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Will Ford hybrids be excluded from the U.S. for infringing Paice patents? ITC hearing begins Nov. 2

PAICE PRESS RELEASE | OCTOBER 31, 2017 Will Ford hybrids be excluded from the U.S. for infringing Paice patents? ITC hearing begins Nov. 2 U.S. International Trade Commission could ban Ford from importing hybrid vehicles made in Mexico Paice LLC, a pioneer in the development of hybrid vehicle technology, and Ford Motor Co. will appear before the U.S. International Trade…

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Green Patent Blog shines spotlight on Paice vs. Ford

Eric Lane with Green Patent Blog has put posted a summary of recent activity involving Paice, including the company’s patent infringement complaint with the U.S. International Trade Commission. “Paice alleges that Ford’s hybrid vehicle powertrains and components in the Fusion Hybrid, Fusion Plug-in Hybrid, and Lincoln MKZ Hybrid infringe one or more claims of each of the patents,” Lane writes.…

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Ford hybrids made in Mexico may be banned from U.S.

PAICE PRESS RELEASE | MARCH 8, 2017 Ford hybrids made in Mexico may be banned from U.S. U.S. International Trade Commission launches formal investigation into Ford Paice, a pioneer in the development of hybrid vehicle technology, announced today that the U.S. International Trade Commission (ITC) has instituted a formal investigation into patent infringement claims against Ford Motor Co. If Paice…

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Paice settles dispute with VW, Audi and Porsche relating to hybrid vehicle patents

PAICE PRESS RELEASE | JANUARY 11, 2017 BALTIMORE – Paice, a pioneer in hybrid electric vehicle technology, and the Abell Foundation announced today that they have entered into a settlement agreement with Volkswagen, Audi and Porsche regarding Paice’s hybrid vehicle patents. Terms of the agreement are confidential. The agreement brings an end to all pending legal issues between the companies.…

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Green Patent Blog: Paice’s licensing success is not a surprise given the power of its patents

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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Hyundai and Kia sign licensing agreement with Paice

PRESS RELEASE | DECEMBER 11, 2015 BALTIMORE – Paice, a pioneer in hybrid electric vehicle technology, has reached an agreement to license all of its hybrid vehicle technology to Hyundai Motor Co. and Kia Motors Corp. Paice has now licensed all or part of its hybrid vehicle technology portfolio to Toyota, Hyundai/Kia, and Ford – three of the world’s six…

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Baltimore Sun: Hybrid engine inventor wins $29 million in verdict against Hyundai and Kia

A Baltimore-based inventor of hybrid engine technology and the Abell Foundation, which invested in the company, have won a $28.9 million jury award in a patent infringement case against Hyundai Motor Co. and affiliate Kia Motors Corp. The automakers knowingly used technology developed by Paice, a firm that designed a way to improve the performance of combined gas-electric engines, a…

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