Hero flags CAFE fuel norms as emerging risk to two-wheeler makers from April 2028
Hero MotoCorp warned that proposed CAFE fuel-efficiency norms, effective April 2028, threaten India's price-sensitive two-wheeler market with higher costs. It plans lightweighting and EV expansion, but lags rivals with just 3% EV share versus Bajaj's 12% and TVS's 8%.
Hero MotoCorp flagged proposed CAFE fuel-efficiency norms for two-wheelers, effective April 2028, as an emerging business risk, warning of higher costs in India's price-sensitive market. It plans to mitigate via lightweighting and expanding its EV portfolio, where it lags rivals.