New Delhi, July 17 -- The Centre has eased fuel efficiency targets for carmakers in its latest draft of the corporate average fuel efficiency (CAFE) III norms following industry pushback against steep targets outlined in the draft released in September last year. The new draft of the norms, scheduled to take effect in April 2027, relaxes overall fleet fuel efficiency targets by 7-10%.P18

Published by HT Digital Content Services with permission from Hindustan Times....