Hyundai Nishat Motors has revised its car prices in Pakistan, effective from July 1, 2025. The company announced that the price increase affects all petrol and hybrid models. However, electric vehicles (EVs) remain unchanged. The announcement came shortly after the government introduced a new tax in the federal budget.
The main reason behind this move is the NEV (New Energy Vehicle) Adoption Levy, part of Pakistan’s 2025–26 Federal Budget. This levy aims to promote the use of eco-friendly vehicles. It adds a tax between 1% and 3% on petrol and diesel cars, depending on engine size.
Hyundai clearly stated that this price hike is due only to the new NEV tax. There are no other economic reasons involved. The decision aligns with the government’s goal to push the auto industry toward sustainable transport.
As a result, Hyundai increased prices on all models except EVs, making traditional cars more expensive. EVs, on the other hand, remain at their previous prices, giving buyers an incentive to go electric.
This development was reported by several automotive platforms, including Pakwheels. According to Hyundai increased prices on all models except EVs Pakwheels, the shift reflects a broader industry trend. Other brands like Changan have already made similar price adjustments, and more automakers are expected to follow.
The NEV levy applies only to locally produced petrol and diesel vehicles. It does not impact electric cars or imported models. This move is part of a long-term government plan to cut carbon emissions and reduce fuel dependency.
The strategy behind this levy is to make EVs more competitive in price. With EV prices unchanged, the gap between them and petrol models has narrowed. Hyundai’s decision supports this national policy and shows the automaker’s alignment with environmental goals.
The public reaction has been mixed. While some appreciate the push for cleaner transport, others are concerned about affordability. Petrol and hybrid models are now more expensive, which may affect middle-income buyers in the short term.
However, the unchanged EV prices may encourage more consumers to consider electric options. If charging infrastructure continues to improve, EV adoption in Pakistan could grow quickly.
In summary, Hyundai Increased Prices on All Models Except EVs due to the new NEV tax. The move is part of a wider shift in the Pakistani auto industry, aimed at promoting electric vehicles and cleaner air.
