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Policy● Neutral for Indian equities
CAFE III norms start in April 2027; battery EVs receive three times the credit
The brief
- Corporate Average Fuel Economy norms for passenger vehicles take effect from April 2027
- Battery EVs receive 3x credit; small cars get no separate benefit
- Tighter efficiency requirements affect automakers, while EV incentives may benefit Indian electric-vehicle makers
- What are CAFE-III norms and what do they mean for lighter cars, EVs and SUVs?
- Delhi to restrict older vehicles registered outside city from Nov 1 | Should you worry?
- Why are investors turning cautious on Tesla stock?
- September auto registrations grow 45%, EV registrations more than double: VAHAN data
- Government’s EV policy has found no takers: What went wrong with the scheme designed to attract global carmakers?
India notifies revised CAFE 3 fuel-efficiency norms
India notified revised CAFE 3 fuel-efficiency norms for carmakers, effective from April 2027, without a separate carve-out for small cars.
Wednesday, 30 September
- CAFE III norms start in April 2027; battery EVs receive three times the credit