29 May '15, 1am

Ford Offering Competitors Its Technology Patents – For A Price

Ford Offering Competitors Its Technology Patents – For A Price

Sort of following a precedent set by Tesla, Ford today said it’s opening its portfolio of patents to hasten the proliferation of electrified vehicle technologies. However, unlike Tesla, they are not free. “The patents would be available for a fee,” said Ford in a statement without divulging how much this fee would be. But, Ford indicates it could still be well worth it. The automaker in 2014 filed for 400-plus electrified vehicle patents and said this is more than 20 percent of the patents filed – totaling more than 2,000 applications. In all, Ford has more than 650 electrified vehicle patents and approximately 1,000 pending patent applications on electrified vehicle technologies. “Innovation is our goal,” said Kevin Layden, director, Ford Electrification Programs. “The way to provide the best technology is through constant development and progress. By sharing our research...

Full article: http://www.hybridcars.com/ford-offering-competitors-its-t...

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