Automotive Tire Market: CAFE Norms Compel Automakers to Invest More in Hybrid and Electric Vehicle Technology
Countries across the globe are looking to embrace fuel consumption norms for passenger cars— corporate average fuel efficiency (CAFE) for all car makers which could be pivotal in deciphering the realignment move in the global automotive industry. The CAFE norms is likely to compel SUV and car makers to invest more in hybrid and electric vehicle technology.
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