Jiangsu Province officially launched a program to build a demonstration site for smart parking lot equipped with electronic toll collection (ETC) devices during the 23rd CEI, a top event about expressway-centered IT products and services held in Suzhou.

Jiangsu Tongxingbao Intelligent Transportation Technology Co., Ltd, an ETC specialized company, will expand ETC application and take the lead in introducing a smart parking platform that facilitates the car plate recognition and fee collection in automatic, integrated and standardized ways.

This platform will prove to be an effective tool to improve traffic management and increase efficiency. Such parking lot saves the trouble of ETC users to pay in cash or by scanning QR codes, reducing congestion.

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