In an attempt to encourage the rest of the industry to make hybrid vehicles, Toyota announced that it is providing “nearly 24,000 licenses royalty-free” for its patents regarding electric components and systems to companies producing hybrid vehicles.
The move to keep hybrid vehicles relevant comes as the industry is massively shifting to all-electric vehicles and Toyota is falling behind in that transition.
Read full story here: Toyota Opens Patents To Help Save Hybrid Cars, But It Won’t Work | Electrek
