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Honda weighs cleaner models to meet tougher CAFE norms

December 05, 2024

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Mint Mumbai

Honda Cars India is preparing to launch hybrid and electric cars in the coming years as emission norms are set to get stricter with the upcoming stage-3 of the Corporate Average Fuel Efficiency (CAFE) regulations, a top company official said.

- Alisha Sachdev

Honda weighs cleaner models to meet tougher CAFE norms

Corporate Average Fuel Efficiency norms, which were first introduced in 2017-18, are aimed at improving the fuel efficiency of vehicles, leading to reduced fossil fuel consumption and carbon dioxide (CO2) emissions. The second stage of CAFE has been in effect since 2022-23, with the third stage set to come into force in 2027. CAFE norms apply to the average fuel consumption of all the vehicles sold by an automaker in a given financial year.

imageThe company is looking ahead to 2027, counting on hybrid and electric vehicles to meet the stricter CAFE-III standards. It plans to introduce three new electric models by 2026-27 as part of a broader strategy to align its India portfolio to its global electrification goals.

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New safety, emission rules spell riches for parts firms

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APIs to innovation: Bulk drug makers ramp up CDMO bets

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Smart GDP growth casts shadow over December rate cut

The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.

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Why MF vendors haven't grown as fast as MF assets

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Gen Alpha will make new rules for their workplace

Gen Alpha will expect hybrid workplaces, Al tools and 4-day weeks— offices unrecognizable to their parents’

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EC extends electoral roll revision by a week to II Dec; final list on 14 Feb

The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.

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