The Hindu Businessline

3X credits for range-extender EVs, ethanol benefits for hybrids: CAFE-III expands compliance options

The Ministrys notification assigns a volume multiplier of 3.0 to battery-electric vehicles and range-extended electric vehicles, 2.5 to plug-in hybrids and flex-fuel strong hybrids, 1.6 to conventional strong hybrids, and 1.1 to flex-fuel ethanol vehicles