No one at Ford Motor Co. has gone so far as to say patents stifle innovation, but one year after electric carmaker Tesla Motors Co. said it would allow other companies to use its patents for free, Ford announced it also will allow rival automakers to access its electrified vehicle patents, although for a fee.
“Innovation is our goal,” Kevin Layden, director of Ford electrification programs, said in a statement released Thursday. “The way to provide the best technology is through constant development and progress. By sharing our research with other companies, we will accelerate the growth of electrified vehicle technology and deliver even better products to customers.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
