Volvo gave away the patents to one of the most important safety devices ever invented

 This week Volvo Cars won a trademark infringement case against dozens of Chinese counterfeiters who sold counterfeit parts for the company's flagship Volvo XC90 on the internet. The case echoes another lawsuit Volvo filed in 2018 against nearly 100 people for trademark infringement who sold counterfeit parts online. 

    

The sellers' websites attract tens of millions of visitors a year, who spend billions to make it in China, Volvo said. The lawsuit was filed by Volvo Cars on behalf of truck and bus manufacturer Volvo AB, which is owned by the company together with Volvo Trademark Holding. Ford bought the Volvo Group - which still owns the Volvo commercial vehicle brand - in 1999. Ten years later, Ford sold the Volvo brand to its parent company Truck and Bus Holding AB. 

    

Volvo Buses introduced three-point belts under the seats in the early 1990s. S. S., London. In 2009, Volvo estimated that this revolutionary technology saved one million lives, and opened the possibility of saving another 35,000 lives. All intercity buses sold by Volvo in Scandinavia, as well as all commercial vehicles in Europe, are also fitted with three safety belts. Three-point seat belts have now saved more than 35,000 lives, according to Volvo.

    

They even tracked every accident involving a Volvo vehicle in Sweden in a year and found that the data clearly supported the idea that three-point belts help save drivers and passengers. To give you an idea of how much Volvos have improved over time, every single Volvo has received five out of five stars in the National Highway Traffic Safety Administration (NHTSA) safety rating system since 2009. 

    

During that time, Audi, Land Rover, and Volkswagen have all outperformed them, but brands like Volvo Cars usually lag behind. So you could say that the cars are safer than they used to be, and the brand itself has generally fallen behind. When you say Volvo, you might think that in every car on the road there is a small (but very important) part of Volvo that makes no compromises in workmanship and focuses on safety, comfort, reliability and, of course, the quality of the car itself. 

Volvo also has a mission for 2020, which is that no one should be killed or injured, and that is why Volvo has set its sights on 2020. Ultimately, Volvo Cars' guiding principle is to ensure the safety of drivers, not only in terms of the quality of the car itself, but also in terms of the safety of its drivers. 

    

Dr Jakobsson says Volvo prioritises safety as a key component of its business strategy and the design of the cars themselves. 

    

The story of how Volvo made its life - saving patents and calling them "open patents" - is a beautiful story, but as shown in the opposite, it is also a good example of what happens when a company does not pull its weight like Volvo and incorporate its life-saving inventions into patents. It also serves to enforce patents for "life-saving design breakthroughs" when appropriate. 

    

Nils Bohlin is a little-known Volvo engineer who invented the three-point belt in 1959, one of the world's most important safety innovations, and pushed his innovation through to its universal introduction in the automotive industry. The Volvo case is a prime example of how the abandonment of short-term profits in favour of safety can help to drive the introduction of new innovations and save millions of lives. After joining Volvo in 1958 as Chief Safety Engineer, Volvo lured Bohlins with the promise of a million dollar bonus for joining. Within a year of joining the company, Boh Lin had designed a three-point seat belt and Volvo sent him on a round-the-world trip to promote its use. They shared the design and allowed car manufacturers to use it in their own cars as well as in other vehicles such as the Volvo XC90. 

After Volvo claimed the prize, it was able to charge rivals substantial royalties and actually promote their cars as safer on the road, while retaining exclusivity. They would not enforce patent infringements, charge others for using their three-point belt, and even file an open patent for the belt design. Volvo had no choice but to give away the 3-point seat belts, although they were also shared by other car manufacturers such as BMW, Audi, Mercedes-Benz, Ford and Toyota. 

    

Contrary to the trust in the company's goodwill, there was no better way to promote the sharing of discovery and security - critical innovation. Volvo acted in the general interest of society and nothing prevents others from breaking this precedent in the future. On 13 August 1959, Volvo sold its first 3-point seat belt - a free car - to customers in Sweden. Three-point belts would be a key component of Volvo's first fully-fledged car, the Volvo XC90. We all owe Volvo the presence of these cars, but also the fact that they act as a catalyst for innovation and the creation of a safer and safer road.

    For More Details Watch: https://youtu.be/vX6TD4KQ7nE


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