Paice Press Releases

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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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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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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Paice LLC and The Abell Foundation Win $28.9 Million Verdict In Patent Infringement Lawsuit Against Hyundai Motor Co. and Kia Motors Corp.

PRESS RELEASE | OCTOBER 2, 2015 BALTIMORE – A Baltimore jury returned a verdict of $28,915,600 against Hyundai Motor Co. and Kia Motors Corp. in a patent infringement case in favor of Paice LLC, a small hybrid vehicle technology company, and The Abell Foundation. In addition to finding infringement and validity with respect to the Paice patents, the jury found…

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Hyundai Headed to U.S. District Court To Face Charges of Patent Infringement

PRESS RELEASE | SEPTEMBER 15, 2015 A jury trial, scheduled to begin September 21 in Baltimore, will decide if Hyundai, Kia hybrids are infringing on Paice’s patented technology BALTIMORE – Hyundai, the South Korean automaker that has emphasized its desire to develop more eco-friendly vehicles, is headed to U.S. District Court in Baltimore next week to face charges that its hybrid…

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September 2015 trial date set for Hyundai/Kia lawsuit

PRESS RELEASE | JUNE 9, 2015 BALTIMORE – 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…

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