May 28, 2015
Nick Bunkley

Ford Motor Co. is following Tesla Motors in opening up hundreds of patents on electric-car technology to competitors in a move aimed at accelerating development of electrified vehicles.

Ford’s plan differs from Tesla’s, though, in that Ford is licensing its patents for a fee, whereas Tesla last year made its patents available to anyone for free.

“Innovation is our goal,” Kevin Layden, director of Ford electrification programs, said today in a statement. “The way to provide the best technology is through constant development and progress. By sharing our research with other companies, we will accelerate the growth of electrified vehicle technology and deliver even better products to customers.”

Source
Automotive News