ANN ARBOR, Mich
The United States Patent and Trademark Office awarded Toyota more patents than any other automaker in 2020, according to an annual ranking by the Intellectual Property Owners Association (IPO).
We are pleased to have expanded our patents across a wide range of advanced technology fields over the last year and especially proud of the incredible accomplishments of our team members, said Frederick Mau, Intellectual Property Counsel and Director of Patent Licensing for Toyota Motor North America. Innovation across Toyota is driving our transition to a mobility company, and Toyota's leading patent portfolio is one important measure of that progress along with our investments in research, collaboration and partnerships.
Toyota continues to invest heavily in its robust research and development pipeline and has received more than 1,400 patents related to autonomous vehicle technology since 2003. Every hour, Toyota invests over $1 million in emerging technology globally, and has invested over $1 billion in R&D related to automated vehicles and robotics since 2017.
Disclaimer: This story was supplied by an external content provider; we do not endorse or accept responsibility for its accuracy, completeness, or any outcomes from relying on it. It is for informational purposes only and does not constitute legal, financial, medical, or other professional advice. Laws and regulations vary and may change; readers should verify accuracy and compliance with local requirements and consult a qualified professional for tailored guidance.