Government of India�ने A huge fine of Rs 7,300 crore has been imposed on eight car manufacturers including Hyundai, Kia, Mahindra, Honda, Skoda, Nissan, Renault and Force Motors. According to reports, this fine has been imposed due to violation of emission norms.
The Center has identified eight carmakers for exceeding mandatory fleet emission levels as per the strict CAFE norms during FY23. Hyundai has received the highest fine of Rs 2,800 crore, while Mahindra has been fined Rs 1,800 crore, followed by Kia with Rs 1,300 crore.
However, Korean carmakers have denied the report and claimed that they have not received any such fine. Hyundai and Kia said that these reports are more than a month old and the government has not taken any action in this regard or imposed any penalty on them yet. Meanwhile, Indian carmaker Mahindra said in a regulatory filing to the stock exchange that no penalty has been imposed or contemplated for its alleged violations.
The Bureau of Energy Efficiency (BEE) under the Ministry of Power has tightened the Corporate Average Fuel Efficiency (CAFE) norms during the financial year 2023. As per the strict CAFE norms, the carmaker will not consume more than 4.78 liters of fuel per 100 km and limit carbon dioxide emissions to 113 grams per km.
However, according to the report, carmakers have argued that these norms will come into effect from January 1, 2023, and it is not appropriate for them to be penalized for the entire year. The penalty was calculated based on the number of non-compliant vehicles sold throughout the year.
In 2023, vehicles from 18 car manufacturers were tested in simulated driving conditions. CAFE norms were first introduced in India to encourage automakers to produce more energy-efficient engines. This rule applies to vehicles weighing less than 3500 kg and running on petrol, diesel, LPG, CNG, hybrid and electric batteries.
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