Toyota loses patent appeal for technology in Prius

Discussion in 'Industry News' started by NewsBot, May 12, 2008.

  1. NewsBot

    NewsBot Grand Toyotaholic

    Joined:
    Mar 30, 2008
    Messages:
    6,925
    Likes Received:
    9
    Filed under: Hybrids/Alternative, Government/Legal, Green, Toyota
    [​IMG]

    Toyota lawyers arrived at the U.S. Supreme Court today and were denied an appeal to overturn a ruling originally upheld by a federal appeals court in Washington last year. The case involved a technology patent held by a company named Paice LLC, which contended that Toyota used the same microprocessor developed by the McLean, Virginia-based company on its hybrid vehicles that inputs torque information for both the gasoline-powered engine and the electric motor. The $4.3 million dollar award against Toyota will stand, and Toyota is required to pay royalties to the firm to the tune of $25 for every Prius, Highlander Hybrid and Lexus RX400h sold. Ouch. Sometimes the price of success is steep.

    [Source: Detroit News]
    Read | Permalink | Email this | Comments
    [​IMG]</img>
    [​IMG]</img> [​IMG]</img>
    [​IMG]

    Read More...
     

Share This Page