EV numbers are increasing, amounting to almost 2 million vehicles on the road by “As EVs do not pay fuel tax or road tax, they are basically exempt from contributing to the upkeep of public roads, and also to general tax revenue. A well-calibrated pay-per-mile system could be a simple way of spreading these costs equitably and not just have other drivers cover the share of those who can afford an electric vehicle,” explains What is a pay-per-mile system? A pay-per-mile system considers the distance travelled by motorists in their vehicles, as well as the type and emissions status of vehicles, and applies charges accordingly. That way, heavier road users pay their fair share, while less frequent users pay less. Depending on the configuration, modern pay-per-mile systems can also be used to regulate traffic in sensitive areas, for example around schools or hospitals, and reduce traffic volume during peak traffic hours. Differential pricing, where motorists are incentivised to align their usage with transport policy, has been proven to influence customer behaviour in many industries already, such as public transport. Time to act is now While EV sales are soaring, the total number of electric vehicles on the road is still comparatively small. This means that coupled with the existing subsidies, a pay-per-mile system aimed at those that do not pay fuel tax could be introduced comparatively easily. But in a few years this will no longer be possible, so the time to act is now. “In order to fully commit to the electric future and finance infrastructure upkeep, the fuel tax revenue question needs to be urgently addressed,” urges “The technology is already available and being used in countries around the globe, but the window for opportunity for an introduction in the More information: Press | Head of Corporate Communications Am Europlatz 2, 1120 P +43664628 1720 sandra.bijelic@kapsch.net End of Media Release Issuer: Key word(s): Traffic
|
Language: | English |
Company: | |
Am Europlatz 2 | |
1120 |
|
Phone: | +43 50811 1122 |
Fax: | +43 50811 99 1122 |
E-mail: | ir.kapschtraffic@kapsch.net |
Internet: | www.kapschtraffic.com |
ISIN: | AT000KAPSCH9 |
WKN: | A0MUZU |
Listed: | |
EQS News ID: | 1981777 |
End of News | EQS Media |
|
1981777 05.09.2024 CET/CEST