Cheaper to run, but costlier to buy? New CAFE III rules kick in from April 2027; here's how your next car could be affected
India’s CAFE III fuel-efficiency norms will take effect from April 1, 2027, tightening fleet-average targets for automakers until March 2032. The rules offer incentives for electric vehicles, hybrids, flex-fuel cars and fuel-saving technologies. But will they make cars cheaper to run or push up showroom prices? Here’s how the new…
The Economic Times ·