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May 29, 2015 01:30 am GMT

Ford is opening up its electric vehicle patents to competitors — for a fee

Fordfusionenergi

Tesla made quite a splash last year when it announced that it was opening up all of its patents to competitors for free. Ford is now doing the same with its own electric vehicle (EV) patents — for a cost.

Ford announced this week that it will be licensing its patents through the AutoHarvest Foundation, a nonprofit that allows the auto industry to trade intellectual property amongst itself

A Ford representative told Automotive News that licensing will cost somewhere between hundreds to thousands of dollars, depending on the patent.

See also: Speed demon: One man's mission to make his Tesla go faster Read more...

More about Technology, Transportation, Ford, Electric Cars, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/lkYP2s3EYQk/

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