CAFE III kicks in from 2027: Will your next car be cheaper to run?

 India is set to implement new Corporate Average Fuel Economy norms from April 2027, aiming to enhance fuel efficiency. Automakers will face stricter fuel-consumption targets and incentives for clean technologies, which may impact vehicle prices. Buyers must consider total ownership costs, including maintenance and energy, before purchasing new cars. The regulations will promote various technologies like electric and hybrid vehicles while allowing manufacturers to choose their paths. India is set to implement new Corporate Average Fuel Economy norms from April 2027, aiming to enhance fuel efficiency. Automakers will face stricter fuel-consumption targets and incentives for clean technologies, which may impact vehicle prices. Buyers must consider total ownership costs, including maintenance and energy, before purchasing new cars. The regulations will promote various technologies like electric and hybrid vehicles while allowing manufacturers to choose their paths.