India is introducing a new system for automakers to trade fuel-efficiency credits. This will help companies meet stricter Corporate Average Fuel Efficiency norms. Manufacturers exceeding targets can sell surplus credits to those falling behind. This market-based approach aims to encourage cleaner vehicle technologies. Electric vehicles will receive more credits than fuel-efficient internal combustion engine cars.
from Auto-Industry-Economic Times https://ift.tt/q6JWGXy
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