PRESS RELEASE
from Kapsch TrafficCom AG (isin : AT000KAPSCH9)
Kapsch TrafficCom reports GNSS viability for large-scale tolling
EQS-Media / 28.11.2024 / 02:00 CET/CEST
- Norwegian Proof of Concept conducted successfully
- Millions of kilometers of trips processed
- System scalability makes it viable for nationwide deployment
The initiative tested innovative solutions for distance-based road pricing with GNSS (Global Navigation Satellite System) technology as a sustainable alternative to traditional fuel taxes. This approach aims to address the decline in fuel tax revenues resulting from the shift to electric vehicles while ensuring fairness and accessibility for all road users.
Carolin Treichl, EVP EMENA at Kapsch TrafficCom, highlighted the project's innovation: “With this PoC, we are bringing together satellite tolling technology and Cooperative Intelligent Transport Systems in a way that has not been done before in Europe. With over 2 million kilometers of trips processed and a rate accuracy exceeding 99%, the PoC demonstrated the viability of a low-cost, flexible, and scalable RUC system that is based on GNSS technology.”
As countries worldwide, including Norway, advance their transition to electric vehicles (EVs), governments face significant challenges in maintaining infrastructure funding. Fuel tax revenues – a primary source of road maintenance funding – are projected to decline by more than 85% in Norway by 2050. Recognizing this issue, the Norwegian government has prioritized studying and implementing sustainable road usage charges based on the “polluter pays” principle.
The PoC leveraged a smartphone-based application paired with the GNSS tolling technology developed by Kapsch TrafficCom. The cloud-based, device-agnostic approach of Kapsch TrafficCom processes road usage data, calculates charges based on predefined tariffs, and delivers results with maximum accuracy, even in Norway's challenging road environments.
Results and Insights
The PoC encompassed:
- Over 2 million kilometers of real and simulated trips
- 80 million position data points processed, achieving a 99.5% rate accuracy
- Successful adaptation to diverse conditions, including urban congestion, tunnels, and remote areas
More information: Press | Kapsch TrafficCom
Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
sandra.bijelic@kapsch.net
End of Media Release
Issuer: Kapsch TrafficCom AG
Key word(s): Traffic
28.11.2024 CET/CEST This Press Release was distributed by EQS Group AG. www.eqs.com
Language: | English |
Company: | Kapsch TrafficCom AG |
Am Europlatz 2 | |
1120 Vienna | |
Austria | |
Phone: | +43 50811 1122 |
Fax: | +43 50811 99 1122 |
E-mail: | ir.kapschtraffic@kapsch.net |
Internet: | www.kapschtraffic.com |
ISIN: | AT000KAPSCH9 |
WKN: | A0MUZU |
Listed: | Vienna Stock Exchange (Official Market) |
EQS News ID: | 2039557 |
End of News | EQS Media |
2039557 28.11.2024 CET/CEST