Toyota Made to Pay Over Hybrid Patent Dispute
After a lot of legal wrangling and back and forth, the U.S. Federal Court ruled against Toyota and ruled in favor of Paice LLC, a Virginia based firm that develops gasoline-hybrid and owns the patent on the microprocessor that handles the torque information exchange and runs motor via gasoline or electricity.
The court ruled that Toyota had to pay year that Toyota had to pay Paice LLC $4.3 million for using the Virginia-based company’s patented technologies in its gasoline-hybrid vehicles. Additionally, in addition to the $4.3 million reward, Toyota must also pay Paice $25 for every Prius, Highlander Hybrid and Lexus RX400h sold.
Originally, Paice had asked that Toyota be banned from selling those hybrid models at all, however when the case was heard in the U.S. Supreme Court, it was ruled that Toyota could sell those vehicles and the request for a block on the sales was refused.
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