Hybrid News

Paice, Abell, and Daimler agree to license patented technology

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 and reduce emissions. Paice’s technology proved valuable and helped accelerate the growth of the hybrid vehicle industry. An independent analysis concluded that Paice owns the most dominant hybrid vehicle patents in the world.

“We’ve reached several licensing agreements in the past two years without the need for litigation. These agreements make a lasting impact in our community by supporting the good works of the Abell Foundation,” said Paice Executive Chairman Frances Keenan.

During the company’s early years, Severinsky worked closely with two experienced automotive veterans: Bob Templin, a Paice board member who had served as chief engineer of Cadillac and technical director of GM’s Research Laboratory; and Ted Louckes, a 40-year veteran of General Motors who served as Paice’s Chief Operating Officer and was instrumental in developing Paice’s hybrid technology alongside Dr. Severinsky.

About Paice (www.paicehybrid.com)
Dr. Alex Severinsky, a Russian immigrant, founded Paice in 1992 with the support of the University of Maryland. The company has been awarded 30 U.S. and foreign patents. It has licensing agreements with many of the world’s leading automakers.

About the Abell Foundation (www.abell.org)
The Abell Foundation, a Baltimore-based charitable organization dedicated to fighting urban poverty and promoting social objectives by investing in progressive local start-ups, is a co-owner of the Paice patents. Since 1999, Abell has helped support Paice’s efforts to develop and promote its hybrid technology.

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2021 Toyota Venza hybrid to launch in August

The Toyota Venza will relaunch exclusively as a hybrid model, according to Auto Blog. The crossover has upgraded to a “much more SUV-like” build than previous iterations of the model. Auto Blog noted the Venza hybrid will feature an “intriguing” powertrain set-up, featuring “a 2.5-liter naturally aspirated four-cylinder… in concert with three electric motors for a total system output of 219 horsepower.” The vehicle will launch at dealerships in the U.S. in August. Read more.

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Toyota celebrates 20 years of Prius

Toyota is celebrating the twentieth year of its landmark Prius hybrid this year. The automaker will launch a special edition of its 2021 Toyota Prius this year “with black inserts on the wheels, headlights, body sides, and side mirrors… [and] only 2,020 of the special edition models will be sold,” according to The Car Connection. The Prius made its debut in 2000 with an EPA rating of 41 mpg combined. The most recent models of the vehicle have attained 56 mpg combined, a sizable increase. Read more.

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Top 10 Priced Hybrids for 2020

Auto Guide has released its list of the top ten most cost-effective hybrids for sale in 2020. At the top of the list are the Honda Insight, Hyundai Ioniq, and Toyota Corolla Hybrid, which take the top 1, 2 and 3 spots, respectively. The Insight starts at $23,885, with the Ioniq coming in at $24,175, and the Corolla for sale for $24,045. The Prius, Accord, and Ioniq PHEV also make the list. Read more.

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Kia to release plug-in hybrid model in 2020

Kia will launch a plug-in hybrid by the end of the year. The automaker made the announcement in an Earth Day video released in the last few weeks. The announcement follows the debut of Kia’s Plan S, a “’a preemptive shift’ away from being a traditional manufacturer of combustion vehicles to one focused on electric vehicles, electrified vehicles and mobility.” Auto Blog notes that details on the Kia PHEV are sparse, but more are expected to be announced soon. Read more.

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Audi to launch plug-in A6 Avant in Europe

Audi will launch a plug-in hybrid version of its A6 Avant for the European market. According to a new report from Auto Blog, the automaker plans to release a plug-in hybrid version of the model featuring “a turbocharged, 2.0-liter four-cylinder engine rated at 252 horsepower and 273 pound-feet of torque.” The model will share its plug-in platform with the previously released hybrid Audi A7 and Q5. The plug-in A6 Avant won’t be available in the U.S., but it’s on sale now in some European markets. Read more.

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2020 Hyundai hybrid models equipped with new battery system

Hyundai’s 2020 Sonata hybrid will feature new “innovative battery packaging” allowing the automaker to net efficiency increases for the new model. Green Car Reports writes, “The 2020 Sonata Hybrid… [adopts] an arrangement that essentially builds the accessory battery onto the hybrid system battery. The added module is a continuation of the same form factor and intended to last the life of the vehicle.” Read more.

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Toyota: Global hybrid sales exceed 15 million

Toyota has sold more than 15 million hybrids since releasing its first hybrid in 1997, according to a new report from Green Car Reports. The automaker has 44 hybrid models for sale globally across its Toyota and Lexus brands. Though the Prius was the automaker’s top-selling hybrid for years, the RAV4 Hybrid has now taken the top-spot. Green Car Reports notes, “Going forward, Toyota plans to offer a mix of powertrains, including hybrid, plug-in hybrid, hydrogen fuel cell, and battery-electric.” Read more.

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Mercedes focuses on PHEVS: 20 models by the end of 2020

Mercedes is putting plug-in hybrids at the center of its lineup, calling the vehicles “key bridging technology” on the way to a more fuel-efficient future. Green Car Reports notes in a new article that Mercedes will expand its PHEV offerings to its compact models, alongside its larger-vehicle PHEV lineup. Though Mercedes will have twenty plug-ins in its lineup by the end of 2020, not all of them will arrive in the U.S. Read more.

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Chrysler Pacifica Hybrid named top eco-friendly family car

Parents magazine has named the 2020 Chrysler Pacifica Hybrid the best eco-friendly family car for 2020. The magazine notes the Pacifica is “the only hybrid minivan on the market [that] keeps up with its gas-powered sibling.” The Pacifica Hybrid employs dual electric-motors in combination with a V-6 engine, and can reach up to 520 miles on one tank of gas. Read more.

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