Rear-view mirrors are used to pay for high-speed tolls Europe will take the lead

According to foreign media reports, two multinational corporations from Spain and Japan announced a partnership and will develop a rearview mirror that can be used to pay motorway tolls for major automakers in Europe.

Spanish auto parts supplier Ficosa and Japan’s Matsushita Electric recently signed a cooperation agreement. The two companies will jointly produce a new rearview mirror for some European automakers. The new rearview mirrors will be integrated into the electronic payment function so that they will not have to pay for parking when they pass through the high-speed tollgate. According to sources, the plan will last for 7 years and it is expected to invest 50 million euros (about 55 million US dollars). The product is planned to be put into production in Ficosa's Viladecavalls plant near Barcelona.

In order to enter the Japanese market, the new rearview mirror incorporates an electronic sensor that can read credit card information so that payment can be made without stopping when passing through a toll booth. The new mirror has a slot for inserting a credit card, and there is a small screen above the mirror to show the amount to be paid. For this collaboration, Panasonic has developed a component for reading credit cards, and Ficosa has mastered the electronic components of the entire system, including basic structures, designs, and new lighting components.

Rear view mirrors that can be used to pay for high-speed tolls will be available in Europe

Mercedes Pujol, head of the Ficosa business unit responsible for the rear-view mirror system, explained: "This innovative design is not just a simple payment, the mirror can communicate with the toll station, and can convey some information to the car's navigation system. This achieves mutual communication between cars and specific facilities."

Ficosa CEO Javier Pujol believes: “We are very happy during the first year of cooperation with Panasonic, not only because we will jointly launch new products, but we must also make concerted efforts to achieve win-win cooperation. This cooperation is a win-win cooperation. The best example of ours allows us to be at the forefront of the automotive industry transition."

This is not the first time Ficosa and Panasonic have cooperated. In April of this year, both companies announced plans to produce Intelligent Rearview Mirror Systems (IRMS), which integrates mirrors and monitors. The monitors can be used by high-resolution cameras at the rear of the car, depending on the needs of the driver. The driver passes photos. This system incorporates Panasonic's LCD display on the basis of traditional built-in rearview mirrors. It is worth noting that IRMS' rearview mirrors and monitors can be used at the same time. At the same time, this system also includes the driver assistance system (ADAS), which can provide the driver with some nearby vehicle information.

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