Hyundai and Kia license Paice’s hybrid vehicle technology, ending litigation
Green Car Congress
DECEMBER 13, 2015
Paice has reached an agreement to license all of its hybrid vehicle technology to Hyundai Motor Co. and Kia Motors Corp. Paice has now licensed all or part of its hybrid vehicle technology portfolio to Toyota, Hyundai/Kia, and Ford. Hyundai and Kia currently rank third in US hybrid car sales.
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