Tag Archives: Paice

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 tech

The Baltimore Sun reported last week that Ford Motor Co. has taken a license to the technology of Paice, a Baltimore-based technology company. Lorraine Mirabella for the newspaper writes, “Ending a long-running legal battle, Ford Motor Co. agreed to pay a Baltimore-based technology firm and the Abell Foundation to use a hybrid engine technology. The value of the licensing deal,…

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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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Green Patent Blog shines spotlight on Paice vs. Ford

Eric Lane with Green Patent Blog has put posted a summary of recent activity involving Paice, including the company’s patent infringement complaint with the U.S. International Trade Commission. “Paice alleges that Ford’s hybrid vehicle powertrains and components in the Fusion Hybrid, Fusion Plug-in Hybrid, and Lincoln MKZ Hybrid infringe one or more claims of each of the patents,” Lane writes.…

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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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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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Baltimore Sun: Hybrid engine inventor wins $29 million in verdict against Hyundai and Kia

A Baltimore-based inventor of hybrid engine technology and the Abell Foundation, which invested in the company, have won a $28.9 million jury award in a patent infringement case against Hyundai Motor Co. and affiliate Kia Motors Corp. The automakers knowingly used technology developed by Paice, a firm that designed a way to improve the performance of combined gas-electric engines, a…

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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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Bloomberg: Hyundai Loses $28.9 Million Patent Trial Over Hybrid Engines

Bloomberg reports that Hyundai Motor Co. and Kia Motors Corp. were told to pay Paice LLC $28.9 million after a federal jury said the South Korean carmakers infringed patents related to hybrid engines. The jury on Thursday, October 1 rejected arguments by Hyundai and Kia that the patents owned by Paice LLC were invalid, and instead found the infringement was intentional.…

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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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