Toyota will allow other companies to use nearly 24,000 patents related to its hybrid technology, the Japanese automaker said on Wednesday. Patents will be licensed for free use by 2030, and Toyota will also offer consulting services against payment. Toyota has previously licensed its hybrid technology for car manufacturers such as Nissan, Mazda and Subaru before today's announcement.
Toyota is the most prolific manufacturer and seller of hybrid cars in the world, with around 80% of the market, according to Reuters . The car maker has been the maker of a very long time ̵
Car manufacturers around the world have spent the last few years developing plans to sell hybrid and electric vehicles, mainly in response to governments in Europe and China , which tighten emission regulations. (The United States, on the other hand, is trying to loosen its own existing emission standards.) Each of them has devoted billions of dollars to shifts. The industry-led technology developed by Toyota can theoretically mitigate the impact of some of these R & D commitments.
This is not the first time Toyota has access to some of its patents. In 2015, car makers have made nearly 6,000 patents related to their hydrogen technology, also free of charge. Hydrogen technology (or "fuel cells") has not yet been covered, in part because the networks of required special petrol stations are not built as fast as, for example, electric chargers have for fully electric vehicles. Teds also finds access to its patents for electric vehicles in 2014, although there is little evidence that all major carmakers have used the technology developed by Silicon Valley's most popular automobile company.