SEOUL – The government of South Korea is expected in 2014 to announce a new CAFE standard that could increase target performance to 47 mpg (5.0 L/100 km) in coming years. A senior official with the transportation energy team of Korea Energy Management expects the change to benefit the automotive industry by encouraging automakers to develop more fuel-efficient vehicles, including hybrids, electric vehicles and clean diesels. “Korea’s first CAFE standard was too easy to ...

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