Green Technology Patents Represent More Than Half Of GM 2009 Filings
(Favstocks.com) — More than half of the 1,300 patents filed by General Motors Co. in 2009 are green innovations, evidence of the rapid development by GM researchers and engineers. A study of the patent activity of the top-15 global automakers released by the Intellectual Capital Merchant Banc firm Ocean Tomo, LLC highlighted GM’s leadership in this area. “Green automotive technologies are the building blocks for creating and improving alternative power plants and increasing fuel efficiency,” said James E. Malackowski, CEO of Ocean Tomo LLC. “GM has higher average quality and newer green technology and patents than the other 14 automakers combined.”
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