Government notifies new CAFE-3 norms for passenger vehicles
- New norms apply to passenger vehicles manufactured or imported for sale in India
- Indian automakers may face compliance changes under the new vehicle norms
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Topic
CAFE-3● ±0% net tone today
Backward looking, huge missed opportunity: Amitabh Kant on new CAFE-3 norms
- Amitabh Kant called the new CAFE-3 norms a “huge missed opportunity”
- The norms set fuel-efficiency and CO2 requirements and introduce EV super credits for automakers
- CAFE-3 requirements and EV credits affect Indian automakers’ compliance costs and incentives