Ford, Toyota, agree hybrid deal

15 March 2004: Toyota is to licence Ford to use elements of the Japanese company's hybrid system developed for its Prius and Lexus RX400.

Under the agreements, TMC hybrid system control technology patents, among a number of TMC patents resulting from TMC's hybrid system development, were licensed for use in Ford's own hybrid system, which is under development.

Ford’s own system will feature more than 100 unique patents.

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