Investors Business Daily reports that Ford Motor got “whacked” with a patent infringement lawsuit filed by Paice, a Baltimore-based company that accused the No. 2 U.S. automaker of stealing its hybrid technology in developing the Ford Fusion, Lincoln MKZ and C-Max vehicles.
The suit comes as demand for Ford’s hybrid and electric cars is gaining speed. The company sold nearly 86,000 such vehicles in 2013, more than double the number a year earlier.
In 2010, Toyota settled a six-year-old lawsuit filed by Paice and its founder, Alex Severinsky. Read more.