Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Carmakers rev up plans to follow fuel efficiency norms
Mint Bangalore
|October 08, 2025
Maruti, Mahindra, Hyundai, Tata Motors are all looking to increase sales of green vehicles
The CAFE 3 norms mandate carmakers to gradually cut average fuel consumption of the cars they sell from 3.73 litres per 100km in 2027 to 3.01 litres by 2032.
(REUTERS)
Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd (M&M) and Hyundai Motor India Ltd will have to ramp up the share of electric, CNG and hybrid vehicles in their sales to comply with stricter fuel efficiency rules to be rolled out from April 2027 in India.
Maruti Suzuki, India's largest carmaker, and Mahindra seek to bump the share of electric vehicles (EVs) to nearly a fifth of their sales in the coming years from below 5% in the year ended March 2025, according to plans disclosed by companies. Tata Motors, with a third of its sales coming from CNG and electric cars last fiscal, is relatively better placed than peers to meet the Corporate Average Fuel Efficiency (CAFE) 3 norms.
The target will be relatively tougher to meet for Mahindra and Hyundai, whose portfolios are dominated by big sport utility vehicles (SUVs), according to a Goldman Sachs report. Tata Motors will be able to meet emission norms cap, it said.
This story is from the October 08, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
India needs to look beyond cost optimization in its tryst with AI
What gets the work done cheaply has its appeal but will not place the country in the technological position we must aim for
4 mins
May 19, 2026
Mint Bangalore
The mysterious crypto judges who settle Polymarket disputes
Garrick Wilhelm joined the crowds piling into prediction markets last month. He quickly came to regret it.
4 mins
May 19, 2026
Mint Bangalore
INVESTING LESSONS FROM A LOST WORLD WAR TWO SOLDIER
When the Second World War ended in 1945, Japanese intelligence officer Hiroo Onoda did not get the memo. He continued to fight in the Philippine jungle till 1974. He dismissed every leaflet as propaganda and lived off the land.
2 mins
May 19, 2026
Mint Bangalore
Exim Bank eyes 10% jump in loan book
Export-Import Bank of India (Exim Bank) is aiming for a 10% jump in its loan book in financial year 2027 (FY27) despite the West Asia conflict, its managing director and chief executive Harsha Bangari said.
1 min
May 19, 2026
Mint Bangalore
Capital gains tax cut for FPIs not on govt agenda
India is not considering a cut in capital gains tax on foreign portfolio investors (FPIs) in the country at this point in time as a measure to stem capital outflows from the country, a top government official aware of the matter said.
1 min
May 19, 2026
Mint Bangalore
China economy slows sharply as investment contracts
China’s economy slowed across the board in April with investment resuming declines while retail sales and industrial output fell short of forecasts, underscoring the economy’s vulnerability in the face of a global energy crisis.
1 min
May 19, 2026
Mint Bangalore
Can Ford play catch-up? It has taken a new path to go electric
Its energy business could help keep its electric vehicle options open
3 mins
May 19, 2026
Mint Bangalore
Kyivites hope for spring after surviving the war's darkest winter
It was the middle of January when the cold and lack of electricity forced Olha Kosova and her baby to flee their Kyiv apartment to her parents’ place in the suburbs.
3 mins
May 19, 2026
Mint Bangalore
CRUEL SUMMER: PROFIT SLUMP FOR CORPORATE INDIA
The Iran war's economic shock is eroding margins at India Inc. each passing day. Be ready for dented Q1 FY27 results.
7 mins
May 19, 2026
Mint Bangalore
'Countercyclical cap buffer not required'
The Reserve Bank of India (RBI) on Monday said it has decided against activating the countercyclical capital buffer (CCyB) as it is not required in the current circumstances.
1 min
May 19, 2026
Listen
Translate
Change font size