- What is Average Fuel Efficiency Program?
- Average Fuel Efficiency Program requires vehicle manufacturers
to comply with the fuel efficiency standard which is set by the
Korean government. AFE values are obtained by dividing the
sum of vehicles' fuel efficiency to sales volume. If the
manufacturers don't meet the AFE standard, the Korean
government can issue an enforcement notice to the
manufacturers to improve their fuel efficiency.
The AFE standard is as below.
||17 km/l, 140g/km(CO2)
<Annual Fuel Efficiency>
- Ministry of Trade, Industry and Energy(MOTIE) and KEMCO established new criteria for fuel efficiency and greenhouse gas emissions. And we plan to phase in the new standard of fuel efficiency (17km/l), CO2 emissions (140g/km) from 2012 to 2015.
||30% of sold vehicles
||60% of sold vehicles
||80% of sold vehicles
||100% of sold vehicles