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#News(General) [ via IoTForIndiaGroup ]
As a general rule, car companies are extremely secretive about their technological developments. Anything that could provide a USP or give an edge over the competition is kept under lock and key – being guarded more fervently than the recipe for Coca-Cola. However, Toyota has now offered royalty-free licences on almost 24,000 of its electric vehicle patents.This essentially means that any company wishing to build a hybrid or fully electric vehicle will have complete access to all of Toyota’s work without having to pay a single penny.
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