KARACHI — January 21, 2026: GWM Pakistan has officially unveiled the pricing of its much-anticipated Tank 500 Hi4-T, marking a significant step in the local automotive industry as the company expands its hybrid and plug-in hybrid lineup in Pakistan. The announcement was made on the automaker’s social media platforms yesterday, providing enthusiasts and potential buyers with the first glimpse of the CKD (Completely Knocked Down) 4X4 2.0L Turbo Automatic models.
The Tank 500 is available in two hybrid variants: a Hybrid Electric Vehicle (HEV) and a Plug-in Hybrid Electric Vehicle (PHEV), both aiming to compete in the premium SUV segment.
Official Pricing Details
The pricing positions the GWM Tank 500 as a luxury SUV option for buyers looking for modern technology and hybrid efficiency. The PHEV variant commands a premium price due to its plug-in capabilities, allowing for longer electric-only drives and reduced fuel consumption.
| Variant | Type | Price (PKR) |
|---|---|---|
| Tank 500 HEV | Hybrid Electric Vehicle | Rs. 20,500,000 |
| Tank 500 PHEV | Plug-in Hybrid Electric Vehicle | Rs. 22,500,000 |
The price difference of Rs. 2,000,000 between the HEV and PHEV variants reflects the advanced battery technology and plug-in functionality of the PHEV. These vehicles are expected to cater to Pakistan’s growing demand for eco-friendly SUVs that combine performance, luxury, and fuel efficiency.
Booking and Local Assembly
According to Sazgar Engineering Works Limited, which previously notified the Pakistan Stock Exchange about the upcoming launch, bookings for both the HEV and PHEV variants will open officially on January 26, 2026. Interested buyers can secure their vehicles through authorized GWM dealerships across Pakistan.
The CKD units will be imported and assembled locally, highlighting GWM Pakistan’s commitment to boosting local automotive production and creating job opportunities in the assembly and service sectors. Local assembly also allows GWM to offer competitive pricing compared to fully imported models while maintaining high-quality standards.
Tank 500: What We Know About Specifications
While GWM Pakistan has revealed the price and hybrid nature of the vehicles, specific technical details are still under wraps. The automaker has not disclosed:
- Delivery timelines for first shipments
- Complete engine and battery specifications
- Fuel efficiency and range figures
- Onboard technology and safety features
Industry insiders suggest that the HEV variant will likely include dual-motor hybrid technology, combining an internal combustion engine with an electric motor to deliver efficient fuel consumption and smooth 4X4 performance. Meanwhile, the PHEV version is expected to support plug-in charging, offering a longer electric-only range and reduced carbon emissions for urban and suburban driving.
Premium SUV Segment in Pakistan
The launch of the Tank 500 HEV and PHEV comes at a time when Pakistan’s SUV market is experiencing strong growth, particularly for hybrid and electric vehicles. Rising fuel prices and environmental concerns have created demand for vehicles that provide efficient performance without compromising luxury or comfort.
Competitors in the premium hybrid SUV segment include imported models from brands like Toyota, Hyundai, and Kia, but GWM’s local assembly strategy allows it to offer competitive pricing while providing after-sales support and spare parts availability across Pakistan.
Market Expectations and Future Outlook
Analysts predict that the GWM Tank 500 HEV and PHEV could become popular among urban professionals, executives, and environmentally conscious buyers seeking:
- Luxury interiors and modern infotainment
- Advanced safety features
- Fuel efficiency and hybrid performance
- Locally supported service and maintenance
The pricing strategy positions the HEV and PHEV as aspirational vehicles in Pakistan, appealing to a niche but growing market for eco-friendly premium SUVs.
Industry experts also expect that GWM’s continued expansion into hybrid technology could influence other automakers to introduce hybrid or plug-in hybrid options locally, gradually transforming the Pakistani SUV market and supporting the government’s focus on green and sustainable automotive solutions.