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Automakers- Toyota Remains R&D Patent Leader Among Automakers

“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 Automakers 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.”

Automakers- 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). Toyota’s engineers and scientists were granted a total of 2,819 patents in 2020, up 4 percent from 2019 and far outpacing any other automaker in the United States.  

Company 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, companyinvests over $1 million in emerging technology globally, and has invested over $1 billion in R&D related to automated vehicles and robotics since 2017.

About Toyota Automakers

Company(NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. 

Company has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that begins production in 2021.

To help inspire the next generation for a career in STEM-based fields, including mobility, company launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.

Media Contacts

Cindy Mahalak

cynthia.mahalak@toyota.com 

734-695-2061

Published by Prnewswire.com

This news was shared to Prittle Prattle News via press release

By PR Newswire

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