Gentex Corporation and TransCore are teaming up to provide auto manufacturers with a vehicle-integrated tolling solution that enables motorists to drive on all US toll roads without a traditional toll tag on the windshield. Currently more than 75 per cent of new car registrations are in states with toll roads with over 50 million drivers accessing these roads each year.
The two companies have signed an exclusive agreement to integrate TransCore's universal toll module (UTM) technology into Gentex's elect
Gentex Corporation and 139 TransCore are teaming up to provide auto manufacturers with a vehicle-integrated tolling solution that enables motorists to drive on all US toll roads without a traditional toll tag on the windshield. Currently more than 75 per cent of new car registrations are in states with toll roads with over 50 million drivers accessing these roads each year.
The two companies have signed an exclusive agreement to integrate TransCore's universal toll module (UTM) technology into Gentex's electronic rear-view mirrors. The interior mirror is the optimal location for a vehicle-integrated toll transponder and it eliminates the need to affix multiple toll tags to the windshield.
The UTM provides transportation agencies across the US with an interoperability solution without costly infrastructure changes. Since it enables travel on all US toll roads, motorists would no longer need multiple toll tags for different regions of the country or have to manage multiple toll accounts.
"Gentex is always interested in combining new technologies with our auto-dimming mirrors due to the ideal location of our product," said Gentex senior vice president and CFO, Steve Downing. "This strategic partnership with TransCore allows us to develop an all-new product offering that helps automakers seamlessly integrate toll collection into the car. UTM offers the new car owner the ability to enjoy a hassle-free driving experience using managed lanes and toll roads across the country."
The two companies have signed an exclusive agreement to integrate TransCore's universal toll module (UTM) technology into Gentex's electronic rear-view mirrors. The interior mirror is the optimal location for a vehicle-integrated toll transponder and it eliminates the need to affix multiple toll tags to the windshield.
The UTM provides transportation agencies across the US with an interoperability solution without costly infrastructure changes. Since it enables travel on all US toll roads, motorists would no longer need multiple toll tags for different regions of the country or have to manage multiple toll accounts.
"Gentex is always interested in combining new technologies with our auto-dimming mirrors due to the ideal location of our product," said Gentex senior vice president and CFO, Steve Downing. "This strategic partnership with TransCore allows us to develop an all-new product offering that helps automakers seamlessly integrate toll collection into the car. UTM offers the new car owner the ability to enjoy a hassle-free driving experience using managed lanes and toll roads across the country."
