Backward looking, huge missed opportunity: Amitabh Kant on new CAFE-3 norms

Amitabh Kant, a prominent figure, has described the upcoming CAFE‑3 norms as a huge missed opportunity. The new regulations will establish fuel‑efficiency and CO₂ emission requirements for manufacturers, setting new standards for vehicle performance. In addition, the norms introduce electric‑vehicle super credits, which automakers can earn starting in 2027, providing an incentive to produce cleaner vehicles. The super credit system aims to reward manufacturers for each electric vehicle sold, potentially reshaping production priorities. Critics argue that the timing and design of the norms could limit their impact on the automotive sector, suggesting that the opportunity to drive substantial change may have been overlooked. What to watch: How automakers adjust their production plans in response to the new credit structure and the broader implications for the electric‑vehicle market.

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This article is AI-generated and fact-gated. Original reporting: Business Standard