In a move to promote hybrid cars, Toyota will be offering royalty-free access to its hybrid vehicle technology patents with immediate effect, and it is to last until 2030. According to a statement by the Japanese automaker, it will grant licences for nearly 24,000 patented technologies (including some pending applications) that relate to electric motors, converters and batteries.
The royalty-free patents include advanced technologies found in electrified vehicles, particularly those used in hybrid, plug-in hybrid and fuel cell electric vehicles that have helped Toyota achieve enhanced performance, reduced size, and cost reductions.
The auto giant will also provide fee- and contract-based technical support to other manufacturers developing and selling electrified vehicles when they use Toyota’s electrification technologies as part of their powertrain systems. This includes helping other automakers achieve high-level product performance in terms of fuel efficiency, output, and quietness.
Ultimately, by granting royalty-free patents and providing technical support on its vehicle electrification systems, Toyota aims to help further promote the widespread use of EVs, and in so doing, help governments, automakers, and society at large accomplish goals related to climate change.
Toyota’s executive vice president and board member, Shigeki Terashi said: “Based on the high volume of inquiries we receive about our vehicle electrification systems from companies that recognise a need to popularise hybrid and other electrified vehicle technologies, we believe that now is the time for co-operation.”
The decision is part of the company’s move to help combat rising emissions and bridge the industry’s transition to fully electric vehicles. “If the number of electrified vehicles accelerates significantly in the next 10 years, they will become standard, and we hope to play a role in supporting that process,” Terashi added.
Through this, the company hopes to spur the development and market introduction of EVs around the world. Toyota has long considered this a top-priority management issue, and it believes that environmentally-conscious vehicles will contribute to the fight against climate change, but only through widespread use and global reduction in CO2. Good guy Toyota, yes?