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China demands Chevy Volt's IP to approve subsidies

thecarchik (1520545) writes | about 3 years ago

China 1

thecarchik (1520545) writes "GM wants to put its Chevrolet Volt range-extended electric car on sale in China toward the end of the year. China requires GM to hand over the intellectual property behind at least some of the Volt's technology to a Chinese company to qualify for generous incentives. The 2012 Chevrolet Volt will be the very first electric or plug-in vehicle built outside China to be sold in noticeable numbers in the country.

Last spring, the rules were changed for the country's "New Energy Vehicle Development Plan" to give generous incentives only to high-fuel-efficiency and plug-in cars that are built in China. It covers battery electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles, but not hybrids. To qualify for the incentives, a Chinese-owned firm must own the intellectual property rights and have "mastery" of one of the qualifying vehicle's three key components: the electric motor, battery pack, or power electronics"

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a bit of their own medicine (0)

Anonymous Coward | about 3 years ago | (#37345826)

On this IP issue, GM and the other big auto companies treat their suppliers the same way that China is treating GM. "General Terms and Conditions" agreements for goods and services purchased by the big car companies are very one-way. The car companies insist on rights/licenses to pass along all ideas/designs/patents that they purchase to other suppliers. Any supplier who spends money on innovation is cutting their own throat once they sell to a car company...because the car company will give the designs (etc) to other suppliers to compete with the original innovator. Just another part of the race to the bottom.

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