Fuel taxes are set to be replaced by road user charges for all vehicles - and it's left many wondering how these changes will be implemented.

Eroad has welcomed this development, and their share price has risen in the hours since Transport Minister Chris Bishop made this announcement.

Eroad co-CEO Mark Heine says the company's been making use of electronic road user charges (eRUC) for years and says the technology's there to get this going.

"We're still working through with the Government for the pricing for that, but our target is to get it as cheap as possible."

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Fuel taxes are set to be replaced by road user charges for all vehicles - and it's left many wondering how these changes will be implemented.
Eroad has welcomed this development, and their share price has risen in the hours since Transport Minister Chris Bishop made this announcement.
Eroad co-CEO Mark Heine says the company's been making use of electronic road user charges (eRUC) for years and says the technology's there to get this going.
"We're still working through with the Government for the pricing for that, but our target is to get it as cheap as possible."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Mark Heine: Eroad co-CEO reveals how electronic RUCs could work

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0723aba6-9d41-4530-9f22-b33200731b90/transcript