India enforces CAFE III fuel-efficiency standards from April 2027

Change
India will require automakers to comply with Corporate Average Fuel Efficiency (CAFE) III standards from April 1, 2027, imposing progressive financial penalties for companies that miss tightening company-average CO2 limits while allowing electric and hybrid vehicle makers to earn or trade credits to offset shortfalls.
Why it matters
Manufacturers now face mandatory, progressively tighter company-average CO2 limits proposed to fall to 77.08 g CO2/km by 2032, increasing the technical and sales-mix challenge of compliance. Removal of a blanket safety net for small cars will reduce automatic allowances for smaller-volume manufacturers, tightening compliance certainty.
India enforces CAFE III fuel-efficiency standards from April 2027
Implications
  • Automakers' product planning and research-and-development teams must accelerate rollout of low-emission, electric and hybrid models to shift the sales mix toward credit-earning vehicles — failure to change the product mix will make company-average CO2 targets unachievable.

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Source

Economic Times

Topics

Manufacturing Climate Change Pollution

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