The Indian government has introduced new Corporate Average Fuel Economy (CAFE-III) norms for passenger vehicles. These regulations will take effect from April 1, 2027, to March 31, 2032. CAFE-III will provide higher incentives for cleaner powertrains like battery electric vehicles and hybrids. Automakers can earn additional credits through CO2 emission discounts using certain alternative fuels. Industry leaders have expressed support for these new standards, emphasizing the focus on sustainable mobility.
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