LAS VEGAS — Toyota just rocked the auto industry by announcing that it is opening to the public 5,680 of its patents related to fuel cell technology for royalty-free use.
Bob Carter, the company's senior vice-president of automotive operations, delivered the news on Monday at CES, following an elaborate presentation that touted the strengths of its fuel cell vehicle, the Toyota Mirai
There was a collective gasp from the audience after Carter's announcement, likely because the decision could help jumpstart this area of the automotive industry, which is exactly what Toyota is counting on. Read more...
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