With the test-run for the freeway Electronic Toll Collection (ETC) system scheduled to begin at 2pm on Friday, the Consumers' Foundation (
"People have no obligation to pay extra money to install on-board units [OBUs] for ETC use unless the government dares to enact such a law, which would mean levying more taxes," said Terry Huang (黃怡騰), the nonprofit organization's secretary general, at a press conference.
Currently, small cars passing through toll booths are required to pay NT$40 (US$1.24) each time, using either cash or tokens. To use the ETC service, users have to install OBUs. The unit itself costs NT$1,180 with batteries included, and installation costs NT$175. A deposit of NT$200 is also required for the integrated circuit card in the OBU.
Due to the pricey fees, the installation rate has been low.
As of yesterday, only about 30,000 vehicles had OBUs installed, although another 20,000 have been registered and are ready for installation, according to Far Eastern Electronic Toll Collection Co (
That number means the system is sure to miss the usage rate demanded by the government in the initial stages of implementation in order to justify the allocation of two lanes at every toll booth for the system's users. The government had set a threshold that 4 percent of all cars passing through a given toll booth should have and use an OBU unit to pay tolls.
The foundation lambasted the foolish policy, arguing that it harms the rights and interests of a majority of drivers, who will be forced to suffer more traffic jams on highways.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
Nanya Technology Corp (南亞科技) yesterday said the DRAM supply crunch could extend through 2028, as the artificial intelligence (AI) boom has led the world’s major memory makers to dramatically reduce production of standard DRAM and allocate a significant portion of their capacity for high-bandwidth memory (HBM) chips. The most severe supply constraints would stretch to the first half of next year due to “very limited” increases in new DRAM capacity worldwide, Nanya Technology president Lee Pei-ing (李培瑛) told a news briefing. The company plans to increase monthly 12-inch wafer capacity to 20,000 in the first half of 2028 after a
Taiwan has enough crude oil reserves for more than 100 days and sufficient natural gas reserves for more than 11 days, both above the regulatory safety requirement, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday, adding that the government would prioritize domestic price stability as conflicts in the Middle East continue. Overall, energy supply for this month is secure, and the government is continuing efforts to ensure sufficient supply for next month, Kung told reporters after meeting with representatives from business groups at the ministry in Taipei. The ministry has been holding daily cross-ministry meetings at the Executive Yuan to ensure
RATIONING: The proposal would give the Trump administration ample leverage to negotiate investments in the US as it decides how many chips to give each country US officials are debating a new regulatory framework for exporting artificial intelligence (AI) chips and are considering requiring foreign nations to invest in US AI data centers or security guarantees as a condition for granting exports of 200,000 chips or more, according to a document seen by Reuters. The rules are not yet final and could change. They would be the first attempt to regulate the flow of AI chips to US allies and partners since US President Donald Trump’s administration said it rescinded its predecessor’s so-called AI diffusion rules. Those rules sought to keep a significant amount of AI