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Toyota and Ford Reach Hybrid Technology Agreement
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| Agreement covers Hybrid systems and emissions purification patents |
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| Updated |
Jun 10, 2004 22:43:02 |
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 98 ( -14 -14.28% ) | | Author | Staff |
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Description:
Tokyo- Toyota Motor Corporation (Toyota) and Ford Motor Company (Ford) have announced plans to share hybrid system and emissions purification patents.
The agreement between Ford and Toyota covers a variety of each company's emissions purification technology patents for lean-burn engines. Toyota patents licensed to Ford and Ford group companies involve their NOx storage reduction three-way catalytic converter system applicable to lean-burn engines, such as direct-injection gasoline engines or diesel engines. Ford patents licensed to Toyota and group companies involve NOx control and Direct Injection Spark Ignition (DISI) technology.
Toyota, which launched the Prius in 1997, claims it as the world's first mass-produced hybrid vehicle. According to Toyota, they have pursued a policy of sharing their environmental technologies and have also reached a basic agreement with Nissan Motor Corp. on a long-term, continuous transaction of hybrid systems -- including technical cooperation.
Later this year, Ford will introduce a hybrid-electric version of its popular Escape sport-utility vehicle, and will be the world's first full hybrid SUV. Ford's hybrid system features more than 100 unique patents. Toyota's hybrid system control technology patents, among a number of patents resulting from Toyota's hybrid system development, have been licensed for use in the Ford hybrid system.
Toyota and Ford intend to promote their environmental technologies-both in-house and by licensing them to other manufacturers upon request-to contribute to the preservation of the global environment. |
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