Toyota RAV4 EV - Wikipedia, the free encyclopedia
Quote:
Whether or not Toyota wanted to continue production, it was unlikely to be able to do so, because the EV-95 battery was no longer available. Chevron had inherited control of the worldwide patent rights for the NiMH EV-95 battery when it merged with Texaco, which had purchased them from General Motors. Chevron's unit won a $30,000,000 settlement from Toyota and Panasonic, and the production line for the large NiMH batteries was closed down and dismantled. This case was settled in the ICC International Court of Arbitration, and not publicised due to a gag order placed on all parties involved.[1][2] Only smaller NiMH batteries, incapable of powering an electric vehicle or plugging in, are currently allowed by Chevron-Texaco.
|
gotta love conspiracy stuff
Just a few more years and those patents will expire.