India's CAFE-III rules are too soft, say international agencies

III compliance would raise the EV share in total car sales to 10-11%, the industry itself is targeting a significantly higher share, according to ICCT, an independent research organization advising environmental regulators on policy.

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“Our internal analysis shows that the revised CAFE norms would translate into 10-11% EV sales by 2030,” Amit Bhatt, managing director, ICCT, told Mint. “Further, according to our analysis, if we combine the voluntary commitments from original equipment manufacturers (OEMs), such as Maruti Suzuki committing to 15% EV sales by 2030, and Tata Motors’ and Mahindra & Mahindra committing to 30%, we estimate around 20% EV sales by 2030,” he added.

Founded in 2005, ICCT operates in India, US, Germany, China, Brazil and other countries.