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General Motors at the top of technology patenting in the Auto Industry

General Motors at the top of technology patenting in the Auto Industry

General Motors continues to be ranked number one from the Patent Board with the most variety of good quality patents approved for creating innovative technologies in the automotive industry.
Vice president of GM's for Research and Development Alan Taub faced that it was the company’s power efficiency works for its car model designs helped them create the top just right The Patent Board’s scorecard.

The automaker firm posted an overall total of a 1,045 approved patents and received 877.3 points in technologies strength, topping Japanese automaker Toyota Motors with 822.3 points and 936 patents, and Honda Motors landing third with 1077 patents approved but marked 730.2 points in their technologies strength.

The rankings were listed from the Patent Board, an unbiased details provider examining patent profitability and value in the market. The group’s basis for measurement had been the number of patents approved the excellence of technology the firms had produced, also the time it took the corporations to pass through patents with new technological developments.

GM seemed to be noted to give newest developed technologies quicker compared to a variety of automotive firms. The Patent Board assessed that percentage alter from the automaker’s rate of listed patents quarterly went further than 80 percent. Other organizations were marked at 40 percent.
Among the company’s key development in the automotive company will be the electric model hybrid car, the Chevrolet Volt.

The Volt continues to be acclaimed with few Car of the Year award by many organizations lately, such as the World Green Car 2011 excerpt in the New York International Auto Show because of its speedy concept-to-manufacture development in a relative small timeline, and surpasses its performance prospects in the marketplace.