BYD invests $5M in new warehouse facility in US; greater efficiencies and production capacity for battery-electric buses
Ford, Vodafone testing tech that can automatically warn other drivers of accidents ahead, create corridor

Honda licenses hybrid vehicle patents from Paice, Abell Foundation

Paice announced it has reached an agreement to license its patented hybrid technology to Honda.

Paice has now licensed its hybrid vehicle technology portfolio to many of the largest automakers in the world—Honda, Toyota, Ford, Hyundai/Kia, and others—who collectively account for more than 80% of all hybrid vehicle sales in the United States. Terms of the licensing agreement are confidential.

Dr. Alex Severinsky established Paice in 1992 and was awarded his first hybrid vehicle patent in 1994. During the company’s early years, Severinsky worked closely with two experienced automotive veterans: Bob Templin, a Paice board member who had served as chief engineer of Cadillac and technical director of GM’s Research Laboratory; and Ted Louckes, a 40-year veteran of General Motors who served as Paice’s Chief Operating Officer and was instrumental in developing Paice’s hybrid technology alongside Dr. Severinsky. To date, Paice has been awarded 30 US and foreign patents.


Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)