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CAFE III: Hastening slowly

CAFE III norms aim to improve fuel efficiency and accelerate the shift towards cleaner vehicles (Photo: PTI) The recently notified third Corporate Average Fuel Economy (CAFE III) standard for passenger vehicles between April 2027 and March 2032 is a well-meaning attempt to steer…

Fuel-efficiency rules 2027: How CAFE-III norms will affect EVs, hybrids, small cars & petrol vehicles

India’s CAFE-III norms will come into force from April 1, 2027, tightening fleet-wide fuel-efficiency targets for passenger vehicle manufacturers until March 2032. The framework offers higher compliance benefits for EVs, hybrids and alternative-fuel vehicles, allows credit trading and incentives for fuel-saving technologies, and…

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Auto industry earnings, supply chains, chip shortages, software, and dealer dynamics.

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