Industry Odisha Bureau, Aug 3: In a bid to tighten further carbon dioxide (CO₂) emission targets to 78.9 g/km by 2032, and with strong incentives for Electric Vehicles (EVs), hybrids, and efficiency technologies, the Government of India (GoI) has reportedly released on July 16 the latest draft of the Corporate Average Fuel Efficiency (CAFE-III) norms with stringent emission standards for the automakers.
As per media reports, “The upcoming ‘CAFE-III’ norms are slated to come into effect from April 1, 2027 to March 31,2032 warning automkers against non-complaince for which they would have to cough up Rs 25,000-50,000 penalities per non-complaint vehicles sold. There is also and additional flat Rs 10 lakh penalty.”
Media reports added that, “The CAFE norms are meant for putting targets on each manufacturer to limit average carbon dioxide emissions from their sales. It nudges them to improve efficiency of their traditional fuel vehicles and bring in cleaner technologies such as electric vehicles (EVs), CNG, hybrids and flex-fuel (running on high ethanol-blends) ones.”
Reportedly, “India’s CAFE-I was implemented in 2017 for five years till 2022, with the second one in place till 2027, while the CAFE-III, set to kick in from April 1, 2027 to March 31, 2032 is being seen as the stiffest one.”
Media reports also stated that, “Top carmakers have set an ambitious goal of achieving more than half their sales through EVs, hybrids and CNG-fuelled cars by 2030, which will require them to increase the contribution of cleaner vehicles by up to 10 times over the next five years.”
