Toyota is highlighting its leadership in automotive innovation. The automaker says for the 10th consecutive year, it's been awarded more patents from the United States Patent and Trademark Office (USPTO) than any other automaker according to an annual report by the Intellectual Property Owners Association (IPO).
Toyota says despite a challenging year that saw a 3% overall decline in patents granted across all industries in the United States, Toyota ranked seventh among all companies awarded patents in 2023, receiving a total of 2,667 patents (down 12 percent from 2022.)
“This achievement continues to underscore Toyota’s unwavering commitment to innovation, particularly in areas critical to the future of mobility such as electrification and intelligent transportation solutions,” said Sandra Phillips Rogers, senior vice president of Corporate Resources and chief legal officer at Toyota Motor North America. “Our focus is on creating sustainable and advanced technological solutions and contributing to the betterment of society and the industry at large, all while ensuring our innovations are recognized through filings with the USPTO.”
For comparison:
You can see the IPO's complete list of the top organizations granted U.S. patents in 2023 here.
Toyota's 2023 patents include:
“Toyota team members work very aggressively at research and development to discover cutting-edge technology for propelling the company forward,” said Frederick Mau, intellectual property counsel and director of Patent Licensing for Toyota Motor North America. “It’s impressive to see the fruits of their efforts reflected in these rankings every year.”
Globally, Toyota says it spends approximately $1 million per hour on R&D, to ensure it rapidly and continuously develops cutting-edge, high-quality, and appealing vehicles and technologies. Toyota also says its commitment not only delivers on the needs of customers but also anticipates its role in future societal progress.
Photo: Toyota.