PAICE PRESS RELEASE | MAY 11, 2022 Paice, Abell, and Volvo Car agree to license patented technology BALTIMORE (MAY 11, 2022) — Paice and Volvo Car have reached an agreement to license patented hybrid technology. Paice was an early leader in electrified vehicles. The company was awarded its first hybrid vehicle patent in 1994, long before most automakers began seriously…
The Baltimore Sun reported that Paice and the Abell Foundation have filed a patent infringement lawsuit against Volvo in federal court over its use of hybrid engine technology. The story notes that “Paice, a pioneer in hybrid engine systems that grew out of a University of Maryland incubator, licenses technology used in most gasoline-electric hybrid vehicles on U.S. roads, including the…
PAICE PRESS RELEASE | AUGUST 24, 2020 Mitsubishi licenses hybrid technology patents from Paice, Abell Foundation With strong European sales, Mitsubishi has become a global leader in plug-in hybrids BALTIMORE (AUG. 24, 2020) — Paice, a pioneer in hybrid electric vehicle technology, announced today that it has reached an agreement to license its patented hybrid technology to MITSUBISHI MOTORS CORPORATION,…
PAICE PRESS RELEASE | MAY 28, 2020 Paice, Abell, and Daimler agree to license patented technology Paice and Daimler have reached an agreement to license patented hybrid technology. Paice was an early leader in electrified vehicles. The company was awarded its first hybrid vehicle patent in 1994, long before most automakers began seriously focusing on ways to improve fuel efficiency…
Automotive News reports that BMW has been hit with a patent infringement lawsuit filed by Paice LLC and The Abell Foundation in the U.S. District Court in Maryland. The lawsuit alleges that BMW has infringed on their patents involving hybrid engines. The story notes that Paice was involved in similar litigation with several automakers, including Ford, Toyota, Hyundai and Kia.…
Carscoops.com reports that BMW has been slapped with a patent infringement lawsuit by Paice in the U.S. District Court in Maryland. The lawsuit involves eight BMW hybrid and plug-in hybrid models. The story quotes Paice CEO Robert Oswald as saying, “Paice shared intimate details of our hybrid vehicle technology with BMW in good faith. Rather than negotiate a license for…
BMW faces patent infringement lawsuit over hybrid technology Paice and Abell Foundation accuse German automaker of knowingly and willfully infringing on hybrid vehicle patents that accelerated electrification movement BALTIMORE (NOV. 25, 2019) — Paice, a pioneer in hybrid electric vehicle technology, and the Abell Foundation have filed a federal patent infringement lawsuit against BMW in U.S. District Court in Maryland.…
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…
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…
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.…