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Posts Tagged ‘automotive patents’

Automotive Industry Innovation Declines in 2014

Toyota leads auto pack with 4,300-plus inventions.

by on May.29, 2015

Despite the news about Google's push for autonomous vehicles, the rate of innovation in the auto industry fell in 2014.

Despite all the talk of driverless and connected cars, a new study suggests that the pace of innovation in the automobile industry has actually slowed in the past year.

Among the 12 technology sectors studied by Thompson Reuters, worldwide patent volume in all sectors increased just 3% over the last year, the slowest rate of patent volume growth since the end of the global recession in 2009. In addition, innovation in the powertrain area actually declined

Technology News!

At the same time, the total volume of new scientific research decreased 23% during the same period, according to the study. (more…)

Hyundai Leads Automakers in Auto Technology Patents

Google gets headlines, but Korean maker boasts technology lead.

by on Jan.21, 2015

Google might garner the headlines, but it's Hyundai leading the way when it comes to automotive technology patents.

A new study of patents reflected just how quickly interest driver assistance and telematics technology that can help inform drivers of road and traffic conditions has grown in recent years.

South Korean automaker Hyundai Motor posted the biggest gains in the number of patent filings over the past five years, narrowing the gap with industry leader Toyota, according to the report by Thomson Reuters IP & Science.

Automotive Insight!

The automotive sector saw the number of patent filings around the world grow by double digits year-on-year during the past five years, the report said. (more…)