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.
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Paice sues Ford for patent infringement
The U.S. International Trade Commission (ITC) has launched a formal investigation into patent infringement claims against Ford Motor Co. Paice filed the complaint to protect its hybrid vehicle inventions and has asked the ITC to permanently ban Ford from importing any infringing vehicles, including the Ford Fusion and Lincoln MKZ hybrids. Paice previously filed a patent infringement lawsuit against Ford in 2014. That lawsuit has been stayed pending the resolution of 22 inter partes review proceedings before the U.S. Patent Office. Click here to read the complaint. Learn more about the litigation.
Paice settles dispute with VW, Audi and Porsche relating to hybrid vehicle patents
Paice and the Abell Foundation have entered into a settlement agreement with Volkswagen, Audi and Porsche regarding Paice’s hybrid vehicle patents. Terms of the agreement are confidential. The agreement brings an end to all pending legal issues between the companies. Read the press release.
All product names used on this website are trademarks of their respective owners, which are in no way associated or affiliated with Paice LLC.
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Who is Paice?
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.
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What is a Hybrid?
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.
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The Impact of Our Inventions
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 others
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Paice has licensed all or part of its hybrid vehicle technology portfolio to automakers who account for more than 90% of all hybrid vehicle sales in the United States.
Toyota, the undisputed leader of the hybrid industry, signed a licensing agreement with Paice in 2010. The global licensing agreement allows Toyota access to all Paice technology.
Hyundai and Kia signed a licensing agreement with Paice in 2015. 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 signed 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 2014 in U.S. District Court in Baltimore. Click here for more information.
Paice and the Abell Foundation have entered into a settlement agreement with Volkswagen, Audi and Porsche regarding Paice’s hybrid vehicle patents. Terms of the agreement are confidential. The agreement brings an end to all pending legal issues between the companies. Read the press release.
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Alex's Story
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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Mar
28
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Lexus is set to debut two new hybrid models at the New York Auto Show. The UX 200 and UX250h, both small crossover utility vehicles, offer a variety of new features with the goal “to lure first-time buyers into the luxury brand” according to Green Car Reports. The UX250h is the hybrid of the two, and comes fully equipped with…
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Honda’s latest hybrid will be on full display at the New York Auto Show this week. The 2019 Insight is Honda’s fifth new hybrid model introduced in the last year. The Insight features Honda’s third generation hybrid system, capable of 151 horsepower and 197lb-ft of torque. According to the automaker, the hybrid’s three models allow “drivers to customize their experience…
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Mar
28
Audi debuted its 2019 A6 at the Geneva auto show last month, and now the company is bringing the model stateside. The 2019 Audi A6 will come with mild hybrid as the standard option, bringing 340 horsepower. Though this is one of the first Audi hybrids to make it to market, it will not be the last. The automaker is…
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Mar
21
Toyota debuted a next-gen fuel-flexible model in Brazil recently. The model is at its core a Prius, but with a new powertrain system that is capable of handling both gasoline and alternative fuels like ethanol, a product mass-produced in Brazil. Toyota developed the model as a new option for the rapidly green-ing country. The hybrid flexible-fuel vehicle (Hybrid FFV) is…
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