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Policy▲ Bullish for Maruti Suzuki
CAFE III norms tighten targets, reward small cars and electrified vehicles
The brief
- CAFE III tightens passenger-vehicle efficiency targets by nearly 17% through FY32
- Maruti Suzuki, Renault and Nissan could benefit
- Maruti Suzuki could benefit from the new targets; tighter standards also affect Indian automakers
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 tighten targets, reward small cars and electrified vehicles