Gasoline is so OVER! Toyota made it clear today at the big - TopicsExpress



          

Gasoline is so OVER! Toyota made it clear today at the big Consumer Electronics Show that its fuel-cell technology is the future of automotive transportation. The car-maker on Monday held a press conference detailing the progress of the new Toyota Mirai, a hydrogen fuel cell vehicle that is powered by combining oxygen and hydrogen and will be commercially available later this year. Perhaps the most newsworthy announcement came when Toyota said it would make all of its 5,680 patents related to fuel cell technology available, royalty-free, to anyone in hopes of driving more innovation. “It’s obvious that there can be a higher societal value in openly sharing our IP,” said Bob Carter, a senior VP with Toyota’s US office. “By eliminating the traditional corporate boundaries, we can speed the metabolism of everyone’s research and move into a future of mobility quicker, more effectively, and more economically. Indeed I believe today marks a turning point in automotive history.” Toyota did something similar when it was developing the technology for its popular hybrid cars, but this marks the first time it has made its patents available free of charge. Tesla also gave away its patents last year.
Posted on: Tue, 06 Jan 2015 00:34:06 +0000

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