A Driving Force Behind Today’s Hybrid Vehicle Technology
Paice has been at the forefront of hybrid technology for more than 20 years. Led by an innovative and experienced team of automotive veterans, Paice made its mark by discovering new ways to maximize fuel efficiency and reduce harmful emissions without sacrificing driving performance.
Popular hybrid electric vehicles in the US market
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Paice is a small American company that played a big role in the development of today’s hybrid vehicles. By developing hybrid technology before major automakers began to focus on the potential advantages associated with electrification of the powertrain, Paice's technology laid the foundation for cost effective hybrid vehicles that provide fuel efficiency and low emission levels. See how Paice laid the foundation for today’s hybrid vehicles.
Hybrid vehicles — which combine the use of an internal combustion engine and one or more electric motors to improve fuel efficiency — have never been more popular. The sale of hybrid vehicles continues to grow thanks to an expanding selection of vehicle choices and more competitive pricing. Learn more about hybrid electric vehicles.
Paice's inventions are considered among the most significant in the hybrid industry. An independent analysis of 58,000 hybrid vehicle patents found that Paice owned four of the Top 10 most influential hybrid vehicle patents in the world. That's more than Toyota and Ford combined. Read the Griffith Hack report.
Paice Technology Licensed by Toyota, Hyundai and Kia
Paice has licensed its hybrid technology to Toyota, which accounts for about 65% of all hybrid vehicle sales in the United States. Toyota secured a global license for all Paice technology in 2010.
On December 11, 2015, Hyundai and Kia also signed a licensing agreement with Paice. The South Korean automakers have announced plans to triple the number of fuel-efficient cars they offer with a goal of becoming number two in the world’s eco-friendly car market by 2020.
Ford has a limited licensing agreement with Paice that applies only to Paice’s first patent. When the companies were unable to reach a licensing agreement on subsequent patents, Paice filed a patent infringement lawsuit against Ford in February 2014 in U.S. District Court in Baltimore. Click here for more information.
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When Alex Severinsky came to the United States in the late 1970s, the nation was in the midst of an oil crisis and long lines for gas were commonplace. An electrical engineer, Alex began looking at alternative approaches to gasoline-powered engines and started developing ideas for a hybrid gasoline/electric powertrain that could reduce America’s dependence on oil. Years later, he founded Paice to turn that vision into reality.
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HybridCars.com reports that the VW Group, including VW, Audi and Porsche, must sell about one million battery electric and plug-in hybrid electric vehicles every year through 2025 to meet tough carbon dioxide emissions standards in major markets around the world. VW will need to ramp up its existing electric vehicles and roll out its planned models. In the U.S. market,…
Hearing could prevent VW, Audi, and Porsche from importing hybrid vehicles, a new focus for the automakers in the wake of the diesel emissions scandal BALTIMORE (MAY 18, 2016) – Paice, a pioneer in the development of hybrid vehicle technology, announced today that the U.S. International Trade Commission (ITC) has voted to institute a formal investigation of Volkswagen, Audi, and Porsche…
Handelsblatt Global Edition 02 May 2016 VW Sued Over U.S. Patent Infringement BY ASTRID DÖRNER U.S. automotive supplier Paice has filed a complaint against Volkswagen for patent infringement of hybrid technology in VW, Porsche and Audi cars, adding to the carmaker’s woes in the United States over its diesel emissions scandal. VW declined to comment. There could be more trouble…
Paice, a pioneer in the development of hybrid vehicle technology, has filed a complaint against the Volkswagen Group with the U.S. International Trade Commission (ITC). The complaint alleges patent infringement by VW, Audi and Porsche and asks the ITC to issue an exclusion order that would prohibit the companies from importing certain hybrid vehicles, including the VW Jetta Hybrid, Audi…
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