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Automotive Pay As You Go Road Charging Market, 2030
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The Global Automotive Pay As You Go (PAYG) Road Charging Market was valued at USD 7.83 billion in 2019 and is estimated to garner USD 15.98 billion by 2030, at a CAGR of 6.7% during the forecast period, from 2020 to 2030.
Automotive Pay As You Go (PAYG) Road Charging is a form of tax levied to the vehicle owners for the sole purpose of infrastructure maintenance. It also depends on vehicle fuel type as there has been a rising inclination towards hybrid & electric vehicles, which has further led to construction of charging points for the vehicles. It is a network of vehicle charging points across the state, country or region. ....

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