Hyundai Nishat Motors has announced a comprehensive price revision across its vehicle lineup, with electric vehicles (EVs) remaining the only exception. This move follows the implementation of the NEV (New Energy Vehicle) Adoption Levy, introduced in the Federal Budget 2025–26 by the Government of Pakistan.
Effective July 1, 2025, the updated pricing reflects the new taxation policy aimed at reshaping the automotive industry by encouraging a shift towards environmentally friendly transport options.
🚘 Price Revisions Tied Directly to NEV Levy
In its official statement, Hyundai emphasized that the price increase is solely due to the newly imposed NEV Adoption Levy, clarifying that no other economic variables—such as inflation, freight costs, or currency depreciation—played a role in the decision.
The only exception to this is the Sonata N Line, which experienced a partial increase due to additional external factors.
📊 Updated Hyundai Prices – Effective 1st July 2025
| Model | Old Price (PKR) | New Price (PKR) | Increase (PKR) |
|---|---|---|---|
| Porter Deckless | 4,299,000 | 4,345,000 | +46,000 |
| Porter Flat-Deck | 4,319,000 | 4,365,000 | +46,000 |
| Porter High-Deck | 4,339,000 | 4,385,000 | +46,000 |
| Porter Deckless with AC | 4,409,000 | 4,455,000 | +46,000 |
| Porter Flat-Deck with AC | 4,429,000 | 4,475,000 | +46,000 |
| Porter High-Deck with AC | 4,449,000 | 4,495,000 | +46,000 |
| Elantra Hybrid | 9,699,000 | 9,985,000 | +286,000 |
| Tucson Hybrid Smart | 10,999,000 | 11,220,000 | +221,000 |
| Tucson Hybrid Signature | 11,999,000 | 12,240,000 | +241,000 |
| Santa Fe Hybrid Smart | 12,990,000 | 13,250,000 | +260,000 |
| Santa Fe Hybrid Signature | 14,699,000 | 14,993,000 | +294,000 |
| Sonata 2.0 | 10,029,000 | 10,239,000 | +210,000 |
| Sonata 2.5 | 11,205,000 | 11,545,000 | +340,000 |
| Sonata N Line | 15,890,000 | 16,531,000 | +641,000 |
🛈 Note:
The Sonata N Line’s price hike includes Rs. 491,000 attributed to the NEV levy and an additional Rs. 150,000 due to other economic pressures, making it the only model impacted by external market factors.
⚡ Why EVs Are Spared
Interestingly, Hyundai's fully electric models remain untouched by this price hike. That’s because EVs fall under the NEV category and are exempt from the levy, which specifically targets petrol and diesel-powered vehicles—even if they’re locally assembled or hybrid in nature.
This pricing protection gives EVs a competitive edge and aligns with the government's broader vision for sustainable transportation.
🔍 What is the NEV Adoption Levy?
As part of Pakistan’s 2025–26 budget reforms, the NEV Adoption Levy is designed to accelerate the shift towards New Energy Vehicles, such as EVs and plug-in hybrids. The levy is applied only to traditional combustion-engine vehicles, with rates ranging from 1% to 3%, depending on engine displacement.
The government hopes this policy will:
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Encourage automakers to invest more in EV and hybrid production
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Make cleaner transport options more affordable
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Reduce dependence on fuel-based vehicles
📈 Market Impact and What to Expect
Hyundai's pricing update is expected to have a ripple effect across the industry, as other automakers may follow suit. The differentiated treatment of EVs is likely to boost consumer interest in electric vehicles, while the rise in hybrid and fuel-based car prices may influence purchasing decisions in the short term.
For buyers looking to switch to EVs or plug-in hybrids, this could be the right time to explore alternatives before further regulatory changes are introduced.
✅ Conclusion
With the implementation of the NEV Adoption Levy, Hyundai becomes one of the first major automakers in Pakistan to officially respond with across-the-board pricing adjustments. The message is clear: the future of the automotive industry lies in clean, green mobility, and brands that adapt early will have a competitive edge.
Stay tuned to our blog for the latest updates on car prices, government auto policies, and vehicle reviews across Pakistan.
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