MENU
SEARCHAutomaker says it received more U.S. patents last year than any other auto firm for 11th year and is in top 10 overall.
Toyota's North American operations headquarters
Toyota
Toyota touted its innovative energies when it announced this week that it surpassed all other auto industry competitors in obtaining the most U.S. patents for the 11th straight year.
The Japanese automaker said it also stayed in the top 10 among all U.S. patent recipients last year with 2,428 patents.
Toyota said the range of patents illustrates its diversification. The newly secured intellectual properties range from inventions in cybersecurity, driver-assist technology, edge computing, electric and fuel cell vehicles and mobility as a service to manufacturing, materials, robotics, telematics and V2V/V2X connectivity.
“Toyota is evolving into a mobility company, and the breadth and depth of our patent acquisitions exemplify the wide range of invention that is taking place at our company,” said Sandra Phillips, senior vice president, Enterprise Integrity, chief sustainability officer and chief legal officer at Toyota Motor North America.
“It’s a collective effort from every part of Toyota including contributions from North America R&D, Toyota Research Institute, Toyota Connected, Woven by Toyota and our manufacturing centers.”
Phillips said the IP growth is concentrated among electrification, new material and autonomous driving technologies.
Among its approved 2024 patents are a method for automated vehicles to choose which surrounding autos to “cooperate” with for optimum traffic flow, and technology to extend battery life and improve safety in hydrogen fuel cell-powered vehicles, among other benefits.
Originally posted on Auto Dealer Today
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Recent survey data shows that the overall demand for auto loans is down, but the demand for subprime loans is up as consumers face economic uncertainty and affordability pressures.
Read More →
The Mitsubishi location moves from one Texas automotive group to another, continuing this year’s spate of brisk buy-sell activity.
Read More →
As part of its 2030 business plan, Mitsubishi's North America arm will soon open its first 'gallery' store in Tennessee, where customers can learn about the brand, vehicles and technology.
Read More →
Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
Read More →
A study of Q1 used-vehicle sales shows many consumers are looking to minimize fuel costs but aren’t willing to go all electric and no longer have a tax break incentive to do so.
Read More →
A recent study suggests expectant parents are feeling the burden of bad credit more than other demographics when it comes to buying a new car.
Read More →
Dealers should aim to build a positive work environment, helping employees execute an efficient experience, from their online research to the final delivery of the vehicle.
Read More →