Toyota to Reveal 24,000 Hybrid Technology Patents to Competitors

Toyota will share its patented hybrid technology for free and will charge rival companies for technical support in a move that aims to promote electric vehicles and tackle issues caused by rising global emissions. Toyota currently dominates approximately 80% of the hybrid vehicle market. By sharing 24,000 patents, Toyota will open up about its industry-leading technology covering everything from cover fuel cells, electric motors and power control units (PCU) to system controls, engine transaxles...