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Hyundai Agrees to Pay to End Paice Case Over Hybrid Engines

Hyundai Motor Co. and affiliate Kia Motors Corp. have agreed to pay royalties to a Baltimore company to end a patent-infringement fight over hybrid engines.

Financial terms weren’t disclosed. A federal jury on Oct. 1 said Hyundai and Kia should pay $28.9 million to Paice LLC. The jury also found the infringement was intentional, so the judge could have tripled the jury award.