PolicyET Techabout 3 hours ago
India's CAFE 3 Norms Reshape Auto Investments
3 min read
India notified CAFE 3 emission norms, allowing hybrids, plug-in hybrids, range extenders and ethanol vehicles to earn compliance credits alongside battery EVs through March 2032. The rules give battery EVs a super-credit multiplier of 3, plug-in hybrids 2.5, strong hybrids 1.6 and flex-fuel ethanol vehicles 1.1. Non-compliant firms face tradable debits, potentially shifting investments away from pure EVs.
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