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Hybrid Car Prices to Skyrocket by Over Rs 1.4 Million After Budget Bombshell

The federal government has proposed a significant tax hike in its 2025–26 budget, targeting hybrid vehicles with a sharp increase in General Sales Tax (GST) from the existing 8.5% to 18%. This change will lead to a substantial rise in the prices of several popular hybrid models available in Pakistan.

GST Increase to Affect All Powertrains

As part of broader tax reforms, the government intends to apply a flat 18% GST to all vehicles, whether petrol, diesel, or hybrid. Previously, hybrid vehicles enjoyed a reduced GST rate of 8.5% to incentivize cleaner mobility. The new policy eliminates that advantage.

Price Hikes Across Leading Hybrid Models

According to data compiled by PakWheels, the following hybrid vehicles will see major price increases if the proposal takes effect:

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Vehicle Model Old Price (8.5% GST) New Price (18% GST) Expected Increase
Haval H6 HEV 1.5L ₨ 11,749,000 ₨ 12,777,714 ₨ 1,028,714
Haval Jolion 1.5L ₨ 9,295,000 ₨ 10,108,848 ₨ 813,848
Toyota Corolla Cross 1.8 HEV ₨ 8,999,000 ₨ 9,786,931 ₨ 787,931
Toyota Corolla Cross 1.8 HEV X ₨ 9,449,000 ₨ 10,276,332 ₨ 827,332
Hyundai Elantra Hybrid 1.6L ₨ 9,700,000 ₨ 10,549,309 ₨ 849,309
Hyundai Tucson Hybrid Smart 1.6L ₨ 10,999,000 ₨ 11,962,046 ₨ 963,046
Hyundai Tucson Hybrid Signature 1.6L ₨ 11,999,000 ₨ 13,049,604 ₨ 1,050,604
Hyundai Santa Fe Smart 1.6L ₨ 12,490,000 ₨ 13,583,594 ₨ 1,093,594
Hyundai Santa Fe Signature 1.6L ₨ 13,899,000 ₨ 15,115,963 ₨ 1,216,963
Kia Sportage L HEV 1.6L ₨ 10,999,000 ₨ 11,962,046 ₨ 963,046
Kia Sorento 1.6T HEV FWD 1.6L ₨ 14,699,000 ₨ 15,986,009 ₨ 1,287,009
Kia Sorento 1.6T HEV AWD 1.6L ₨ 15,999,000 ₨ 17,399,834 ₨ 1,400,834
MG HS PHEV 1.5L ₨ 9,699,000 ₨ 10,548,221 ₨ 849,221

Industry Concerns

The proposed tax increase has raised concerns among automakers and prospective buyers alike. Hybrid vehicles, often marketed as a fuel-efficient and eco-friendly option, will become significantly less affordable under the new tax regime. Industry experts warn that this move could dampen demand for hybrids and slow the country’s transition to cleaner mobility.

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Published by
Afaq Wajdan Malik