Is there an annual fee for ETC and how much is it per year?

[LaSimon]

ETC has an annual fee, and the specific amount varies slightly depending on the regulations of different banks. Below are the detailed introductions about ETC: 1. Definition: ETC, also known as Automatic Road Toll System or Electronic Toll Collection System. It is a specialized road toll method used for toll roads, commonly seen on highways, bridges or tunnels with toll policies, and some sections of urban centers to alleviate traffic congestion. 2. Development Status: ETC is an electronic automatic toll collection system for highways, bridges, and tunnels that is being actively developed and promoted internationally. This technology has a long development history abroad, and electronic toll systems in many countries and regions such as the United States and Europe have been partially networked and gradually formed scale benefits. In China, the highway toll collection system, which mainly uses IC cards and magnetic cards as mediums and relies on manual toll collection, is undoubtedly influenced by this trend.