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…
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.…
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…
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…